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News from State Senate President Pro Tempore Martin Looney
     

April 29, 2016

Capitol address
Legislative Office Building
Room 3300
Hartford, CT 06106-1591

E-mail me here

On the Web
www.SenatorLooney.cga.ct.gov

Phone
Capitol: 860-240-0375
Toll-free: 1-800-842-1420
 

Democrats Announce Budget Plan with No Tax Increases

I joined my Senate Democratic colleagues in support of a $920 million plan to balance the budget to the level it was four years ago. The plan leverages Connecticut's highly educated workforce and bioscience sector, consolidates government and creates efficiencies, institutes fiscal reforms and reduces government benefits. We avoid burdening businesses and do not raise taxes. Additionally, the Democratic plan is fiscally responsible and avoids using the Rainy Day Fund or borrowing to balance the budget.

By preventing deep cuts to hospitals and higher education, we position Connecticut's economy for future growth. In order to create good-paying jobs and continue economic growth, we need to stay committed to our strengths like bioscience and education.

Meanwhile, our plan sends a strong message to taxpayers and the business community by avoiding burdening them with new taxes and fees.

  • This plan does not raise income taxes.
  • This plan does not raise sale taxes.
  • This plan does not raise business and corporate taxes.
  • This plan does not raise business fees.

The Democratic plan creates fiscal accountability by consolidating government services, creating efficiencies and cutting spending to the level it was at four years ago. Additionally, we are reducing spending on nonunion state employees by capping nonunion pensions and, although legislator pay has been frozen for 14 years, also increasing how much legislators and nonunion employees pay for our health care premiums and co-pays.

Finally, our plan provides property tax relief to cities and towns across Connecticut by increasing funding for cities and towns so that municipalities can lower property taxes, hire teachers, police officers and firefighters, and rebuild roads and bridges. We are cutting car taxes on businesses and individuals by $104 million.

The House and Senate Democrats have worked hard to negotiate a responsible, forward-thinking budget that ensures short-term growth and paves the way for a healthy and strong state economy for years to come. We have presented this plan to Governor Malloy and legislative Republicans, and are committed to passing a balanced budget.
 

 
 

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My mailing address is:
Senator Martin Looney, Legislative Office Building, Room 3300, Hartford, Connecticut 06106
Capitol telephone: 860-240-0375, or Toll-free: 1-800-842-1420

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