Lawmakers try to hammer out a budget

(07/24/03) HARTFORD - Democrats and Republicans are still working to cover the final $100 million gap in Connecticut's budget. Governor Rowland (R-CT) has been running the state without a balanced budget since July 1, and he hopes a nonstop bargaining session can produce some results.

One of the key items the parties must consider is a guaranteed tax increase in the second year of the budget if Connecticut does not receive an anticipated windfall from the federal government.

Republicans have been pushing a one-year budget instead of the typical two-year package. They say it is the only way to get a deal completed quickly. Democrats, however, say a one-year plan is fiscally irresponsible.

 

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