Budget Situation

Three months into the new fiscal year the legislature finally voted on and passed a budget Friday, but it is believed Governor Malloy plans to veto the spending plan. Democrats and Republicans are already working on their next budget in anticipation of the veto.

The budget that passed Friday night was described as a "Republican" budget, but it passed both Houses with a handful of Democratic votes.

What may be more important is the damage the continued delay does to cities and towns waiting for budget clarity, the city of Hartford which is essentially waiting for a state bailout to avoid filing for bankruptcy, and the state's national reputation as a stable place to do business.