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Connecticut Lawmakers Meeting to Close Budget Deficit

Longevity bonuses and hospital reimbursements are set to be cut, the Hartford Courant reports.

 

Connecticut legislators have been meeting in secret to negotiate a deal that would close the state's budget deficit, the Hartford Courant reports today.

Legislators will meet in Hartford today to vote on a deal that reportedly includes abandoning longevity bonuses for nonunionized state workers and cutting payments to the state's hospitals, the Courant reports.

The moves are intended to close a $365 million deficit estimated in this year's state budget and to head off a projected $1 billion deficit projected in the 2013 budget year.

Gov. Dannel P. Malloy earlier this month put forth a $123 million “budget mitigation plan” that includes $4.7 million in cuts to some town programs. The Connecticut Conference of Municipalities, the main lobbying group for the state's towns, has questioned whether the governor had the authority to make those cuts.

Malloy has said the ongoing budget problems are a reflection of the country's economic woes. A recent report by the University of Connecticut indicates the state's economy will remain weak in 2013 but will begin to rebound the following year.

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REVMAN May 24, 2013 at 11:43 am
In a few years there will be NO such thing as retirement you will work untill you die as did or foreRead More fathers.The average worker that did not save that 2% that Obama called a tax cut will cost you $14,000 in reductions in your Social Security check over your life time.
Lori Houser May 24, 2013 at 07:00 am
Do I really want to trust anybody with my money right now. With this government in office. ARead More voluntary pension plan with who in charge. The state? Does anyone seriously trust the state right now. I don't. When the money disappears we will hear what we are from the IRS sorry I plead the 5th. I don't know anything. I didn't see that. I don't know what you are talking about. I went to the white house for an Easter egg hunt. Bunch of idiots.
REVMAN May 23, 2013 at 06:04 pm
Richard--There already is a Voluntary pension plan it is called "YOU", only you can saveRead More and in this day and age there are thousands of vehicles to choose from some are free but many require fees. Why pass a law???
bonita L. brown May 20, 2013 at 02:56 pm
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m.white May 9, 2013 at 06:53 pm
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Raymond Occhialini May 9, 2013 at 02:02 pm
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