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Gov. Malloy on His Budget Plan: 'No New Taxes'

The governor has to work with the state's General Assembly this session on how to plug a $2 billion hole in the Connecticut budget.

Gov. Dannel P. Malloy is pledging that Connecticut taxpayers will see no new taxes in the budget deficit plan he is crafting.

Malloy is facing a $2 billion state budget shortfall when the new fiscal year begins July 1 and is expected to release his new budget on Wednesday, Feb. 6, according to the Hartford Courant. 

"There's no new taxes in this budget,'' the Courant quotes Malloy from a press conference the governor held Friday. "I've said that. I told you that months ago, and none of you believed me. There's enough pain to go around in this budget..."

Many in the state are bracing for the cuts that could come as a result of his budget proposal. While Malloy after his election in 2010 quickly gained the trust of local leaders because of his friendly overtures toward smaller communities and their needs, town leaders now are worried that his cuts could come at the expense of local programs and aid.

Malloy's budget dilemma comes after, and despite of, the largest state tax increase in state history — some $1.5 billion in new revenues — that the governor proposed and the state legislature passed in 2011.

Spiff February 04, 2013 at 06:14 PM
Of course he's not going to raise taxes, he already signed the largest tax increase in state history less than two years ago, leading to CT residents paying more on average in taxes than residents of every other state in the country. If he was to raise taxes again, I have to imagine there would be a mob marching on Hartford with pitchforks and shovels screaming for Malloy's head! Worst Governor in state history. If this guy gets re-elected, I will lose what little faith I have left in the people of this state.
Rob February 04, 2013 at 09:18 PM
Precisely! He can't raise taxes with a re-election around the corner. He'll do it after he (God forbid) wins.
meowkats4 February 04, 2013 at 10:11 PM
No his new budget will have a spending INCREASE!!!! He was talking about plans like the one he announced last week regarding the University of Connecticut. Malloy wants to invest $1.54 billion in bonding over the next 10 years in the state’s flagship university to improve facilities and expand enrollment 30 percent. That includes an additional $286 million in annual spending on salaries for 259 new professors. http://www.ctnewsjunkie.com/ctnj.php/archives/entry/facing_a_deficit_malloys_next_two-year_budget_will_increase_spending/
Jane February 05, 2013 at 04:08 PM
He just imposed the sales tax on Amazon sales. Isn't that a new tax?
Spiff February 05, 2013 at 04:16 PM
Yes Jane, yes is it. The MOST overtaxed state in the country! Remember, overall, higher taxes lead to lower economic growth. Democratic policies are killing our state. Looks like I won't be shopping on Amazon any longer, but there are plenty of other great sites on the Internet.
meowkats4 February 05, 2013 at 05:27 PM
This was just posted : (HARTFORD, CT) — Governor Dannel P. Malloy, joined by Lieutenant Governor Nancy Wyman, Department of Education Commissioner Stefan Pryor, and leaders from the Connecticut Education Association (CEA) and the American Federation of Teachers-Connecticut (AFT-CT), today announced a proposal to significantly increase the Educational Cost Sharing (ECS) aid to 117 municipalities, while maintaining level funding to the remaining cities and towns. The additional aid will also target needed resources and support to the state’s 30 underperforming Alliance District schools. http://www.governor.ct.gov/malloy/cwp/view.asp?Q=518322&A=4010
Spiff February 05, 2013 at 05:52 PM
Gee, aren't we close to $2 billion in the red? Now, where is this money coming from? Does Dan expect to pull it out of his a**? No, I guess not, he expects to pull it out of ours! The faster we can get this guy replaced, the better off we will all be.

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