Budget Update

No deals anytime soon, or so we’re led to believe.

It’s difficult to know how the closed-door budget negotiations are going, but that big sticking point, raising taxes vs. cutting services, is probably not going away anytime soon. Worse, there are no other deadlines on the horizon. The governor can continue to run the state by executive order indefinitely, apparently!

There is an interesting article in the Courant this morning about the tax question that highlights Sen. Andrew McDonald, among others. That article also suggests that the two sides aren’t anywhere close to a deal.

So when will the budget finally be settled? August? September? December? I’d place a bet on one of them, but I’m holding on to my money these days.

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16 responses to “Budget Update

  1. So when will the budget finally be settled? August? September? December? I’d place a bet on one of them, but I’m holding on to my money these days.

    The only solace I take in all of this is that we are not governed by the New York State Senate and David Paterson.

  2. So when will the budget finally be settled? August? September? December? I’d place a bet on one of them, but I’m holding on to my money these days.

    The Democratic leadership refuses to make meaningful spending cuts, so much so that they can’t even get a majority of their members on board. My guess is the Governor is considering 1/2 to 3/4 billion worth of tax increases and that it truly sad. What’s worse is Williams and Donovan won’t even consider that.

  3. The Democratic leadership refuses to make meaningful spending cuts, so much so that they can’t even get a majority of their members on board. My guess is the Governor is considering 1/2 to 3/4 billion worth of tax increases and that it truly sad. What’s worse is Williams and Donovan won’t even consider that.

    That is true. Democrats want to keep blaming Rell but can’t even come up with a budget that their own Democrat caucus can support. Where is the leadership?

  4. My sources tell me that the General Assembly will have a session on Monday to have votes to override Gov. Rell’s vetos.

    I don’t know which bils will be attempted, but believe 8 bills will be voted upon.

  5. We are all in a heap of dog doo doo, thanks to Democrats and Goldman Sachs!

    http://www.americanthinker.com/2009/07/will_dems_allow_goldman_to_man.html

    The Economy is even worse than we thought…

    http://online.wsj.com/article/SB124753066246235811.html

  6. The only solace I take in all of this is that we are not governed by the New York State Senate and David Paterson.

    According to an opinion piece in Sunday’s Courant (which I can’t link for some reason), the budget deficit in CT is 2.5 times more than the deficit in NY when gauged on a per capita basis.
    Be careful what you wish for.

  7. “California may be grabbing the headlines for having the largest budget deficit at around $26 billion, but Connecticut may have the record in per capita terms. California, which just this month went to paying some bills with IOUs, has a per capita budget deficit of about $722, meaning that if every man, woman and child in the state kicked in $722, the state could cover the budget deficit. New York’s budget deficit of $17.7 billion comes to around $918 per resident. In comparison, Connecticut’s per capita budget deficit is around $2,513, which, based on some of the most recent budget deficit data available, seems to be the highest.”
    Here’s the quote from the Courant Opinion piece I referenced

  8. Governor Rell is protecting any one who has a house hold income exceeds upper middle class levels.

    1. cutting public transporation programs or new commuter rail ways
    2. raising public transporation fares
    3. cutting life star (get real)
    4. governor refuse to tax millionaires
    5. cutting funds to ct libraries

    The govenor has been in now for roughly two terms as leader of the State she has failed.

  9. Governor Rell is not protecting any one who has a house hold income exceeds upper middle class levels.

  10. Governor Rell is protecting any one who has a house hold income which exceeds upper middle class levels.

  11. “California may be grabbing the headlines for having the largest budget deficit at around $26 billion, but Connecticut may have the record in per capita terms. California, which just this month went to paying some bills with IOUs, has a per capita budget deficit of about $722, meaning that if every man, woman and child in the state kicked in $722, the state could cover the budget deficit. New York’s budget deficit of $17.7 billion comes to around $918 per resident. In comparison, Connecticut’s per capita budget deficit is around $2,513, which, based on some of the most recent budget deficit data available, seems to be the highest.”Here’s the quote from the Courant Opinion piece I referenced

    The Connecticut deficit of $8 billion is over 2 years. Did you divide CT’s deficit in half to do the per capita figures? Are the other states expressed in 1 year or 2 year deficits?

  12. Big Pete… respectfully:

    1. Gov. Rell has been out in the forefront pushing for the New Haven-Hartford commuter rail system, even risking alienating her Republican base by doing so. No one else in Connecticut is responsible for pushing this forward more than Jodi Rell.

    2. When gasoline prices increase, thereby increasing the cost of maintaining mass transit systems, who should bear the burden of those increases? The users of the systems, or everyone else? I suppose her other option would be to reduce the number of bus and train lines running, but then again, you’d slam her for that, too.

    3. How is it that LifeStar survived without a subsidy until 2002?

    4. Refusing to tax millionaires? Less than 1% of the state pays a third of the state’s income tax revenue. You would be more accurate if you had accused her of refusing to tax the poor.

    5. Why are local libraries the state’s responsibility? Each town chooses the amount of support that it wants to provide its library. Why must the state step in and provide any support at all? Library funding is a municipal decision, not a state responsibility.

    1. cutting public transporation programs or new commuter rail ways2. raising public transporation fares3. cutting life star (get real)4. governor refuse to tax millionaires5. cutting funds to ct libraries

  13. The Connecticut deficit of $8 billion is over 2 years. Did you divide CT’s deficit in half to do the per capita figures? Are the other states expressed in 1 year or 2 year deficits?

    I didn’t do anything. Ask the Courant or the guy who wrote it. I just quoted it.
    However, even if you divide it in half, it still exceeds Californis and NY per capita. Does that make you feel better?

  14. That is true. Democrats want to keep blaming Rell but can’t even come up with a budget that their own Democrat caucus can support. Where is the leadership?

    That’s not true. The Democrats voted on and passed a budget last month.

  15. That’s not true. The Democrats voted on and passed a budget last month.

    Wow, good catch! It wasn’t during the regular legislative session though was it? What’s pathetic is that the Democratic leadership couldn’t do this when they were SUPPOSED to which was June 3rd. Instead they threw together a stinking pile of garbage on June 29th that they knew the Governor would have to veto and then try to make her out to be the bogey man.

    Williams and Donovan aren’t fooling anyone.

  16. That’s not true. The Democrats voted on and passed a budget last month.

    A budget so wreckless that six democrat senators were forced to vote against it.

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