budget

Karen DeWitt / WSHU News

Lawmakers worked toward a budget deal on Monday as New York Governor Andrew Cuomo indicated he’s making some concessions on the minimum wage.

Jessica Hill / AP

Connecticut lawmakers expect to vote on Tuesday on spending cuts to close the state’s $220 million budget gap. Governor Dannel Malloy (D-Conn.) and state lawmakers met to discuss the bipartisan plan last week.

Jessica Hill / AP

Governor Dannel P. Malloy used his executive authority on Wednesday to make $65 million in budget cuts, including millions from day and residential programs for people with disabilities, to help slash Connecticut's $220 million deficit.

The Democratic governor's list of budget reductions was released hours after he met with legislative leaders to discuss how to address the stubborn budget shortfall.

"These were difficult decisions, but ones that nevertheless have to be made to ensure that we don't spend more than we actually have," he said.

NY Senate, Assembly, Have Very Different Tax Plans

Mar 10, 2016

Senate Republicans say their version of the state budget will include a nine-year phase-in of tax cuts that would eventually total a 25 percent reduction for middle class taxpayers.

GOP Leader John Flanagan of Long Island says when the Senate Majority releases its budget plan later in March, it will include a phase in of over $4 billion dollars in tax cuts. They include an extension of a temporary tax cut for middle income earners, which would gradually be reduced to a rate of just over five percent for those who make $300,000 a year or less.

AP Photo/Jessica Hill

Connecticut hospitals are being notified they may not receive about $150 million in anticipated payments because of state budget problems.

Office of Policy and Management Secretary Ben Barnes informed hospital chief financial officers this week that the Department of Social Services will hold off until Democratic Governor Dannel P. Malloy's administration finds ways to address the budget deficit. His letter was released Thursday.

Pages