CT Gov. Lamont unveils 2-year budget with tax cuts, funding for homeless, child care, regionalization

Gov. Ned Lamont unveiled his new two-year budget Wednesday with new and increased funding for several programs thanks to a ‘tweak’ to the state’s fiscal guardrails, and tax cuts for middle-class families, workers across a multitude of industries and corporations to boost job creation. After a debate that has lasted for a year, Lamont is proposing a change in the fiscal guardrails that includes the “volatility cap” that would allow more spending by the Democratic-controlled legislature. The proposed change would allow $593 million in additional spending over the next two years that would not have been possible without the changes. The move requires a 60% vote in both houses of the legislature, rather than a simple majority.

https://www.courant.com/2025/02/05/ct-gov-lamont-unveils-2-year-budget-with-tax-cuts-for-middle-class-hospitals-not-happy/?clearUserState=true

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