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Press Releases

09/13/2017

Gov. Malloy Statement on Progress Toward a Biennium Budget

(HARTFORD, CT) – Governor Dannel P. Malloy today released the following statement:

“The urgency of the present moment cannot be overstated. It is critical that a responsible budget is passed by the General Assembly, one that provides greater predictability and stability for the people and businesses of Connecticut. Local governments, community providers, parents, teachers and students – all of them are best served by passing a budget, and passing it now.

“The budget framework now being finalized by the General Assembly appears to be a balanced and responsible compromise. After finalizing an historic agreement with state employees to save tens of billions of dollars, this budget includes hundreds of millions of dollars in spending cuts, achieving balance without any increases to the sales or income tax rates. It would restore hundreds of millions in town aid, and also include a fair and transparent education funding formula that supports schools and students in communities across Connecticut – big and small. And, it would offer real structural reforms to put our state on better financial footing now and into the future.

“I want to express my gratitude to Democratic leaders for their perseverance getting to this point. There is still much work to be done, final language to be reviewed, and a vote to be taken. But an agreement appears to be within sight. I await a vote by the General Assembly and a balanced budget arriving on my desk for signature.”
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