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Senate $40.3 billion budget plan keeps tax estimates intact

18 May 2017

The Democrats opposed the tax increases because they wanted more from the gross production tax change - going to the higher rate immediately on all wells.

A key Senate panel is preparing its version of the state budget amid indications that further belt-tightening may be needed. But negotiations remain unresolved with just two weeks left before lawmakers are constitutionally required to adjourn on May 26. Malloy spokesman Chris McClure said, "We are grateful to legislative leaders for submitting revised budget proposals".

It was a wild day at the state capitol as lawmakers tried to find new sources of revenue to fill the almost $900 million budget shortfall and fund teacher pay raises. "Congress needs to see the Comey memo", said Sen.

Previously, Senate Republicans said they were prepared to pass a tax overhaul using special Senate rules that would allow them to bypass Senate Democrats altogether.

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Republicans had agreed on a plan to fill 400-million dollars of the state's estimated 900-million dollar budget deficit.

House Democrats also released an updated budget plan Tuesday that includes calls for legalizing recreational marijuana, approval of a third CT casino, closing a prison and cutting some state aid to cities and towns.

Officials estimate that within the first year of passage the measure would generate about $230 million in additional state and local revenue directly from the oil and natural gas industry, create 5,900 oil and natural gas jobs that will support 13,700 indirect jobs and fuel $5.8 billion in additional economic activity in the state.

The Senate budget plan, like the House's, ignored Baker's proposal to put growth caps on the rates health care providers can charge for medical services in an effort to control the cost of care in the commercial market and make it more affordable for employers. "If true, these memoranda raise questions as to whether the President attempted to influence or impede the FBI's investigation as it relates to Lt. Gen Flynn", wrote Rep. Jason Chaffetz (R-UT), the head of the House Oversight Committee. The plan proposes new spending cuts in programs such as Care4Kids, magnet schools, reducing municipal aid for the Elderly Circuit Breaker program.

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One hundred and sixty-five MA families are on a waiting list for palliative care services for their terminally ill children, according to senators who said they hope to take another shot at ending that wait in their fiscal 2018 budget. It's time for Comey to testify before Congress. - Adam Kinzinger (@RepKinzinger) May 16, 2017 The impetus for lawmakers to hear from Comey came in the wake of a blockbuster New York Times story - which said that Comey had made notes after meetings with the President earlier this year, and that in one of those conversations, Mr. Trump had asked the Federal Bureau of Investigation chief to end a probe of top aide, Michael Flynn. Money from the bill would have partially funded a teacher pay raise for just one year. "When we get down to these big numbers, you've got to look at things that normally you would not look at, " he told reporters at a press conference.

"I don't know what their process is going to be", Stabenow added.

"We're 49th in everything in this state", Osborn said. "If we need to take action in June, we will".

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Senate $40.3 billion budget plan keeps tax estimates intact