News

Gov. Malloy unveils deep spending cuts, new taxes in budget

Gov. Dannel P. Malloy unveiled almost $200 million in new taxes and fees in his budget presentation Wednesday afternoon, along with a dire warning for state workers. Gov. Dannel P. Malloy unveiled almost $200 million in new taxes and fees in his budget presentation Wednesday afternoon, along with a dire warning for state workers.
HARTFORD -

Gov. Dannel P. Malloy unveiled almost $200 million in new taxes and fees in his budget presentation Wednesday afternoon, along with a dire warning for state workers.

The governor admitted that this budget was a painful one that includes $1.3 billion in spending cuts.

For state workers, if their unions don't agree to hundreds of millions of dollars in concessions, Malloy could cut up to 10 percent of the state workforce, or more than 4,000 people.

Cigarettes would go up 45 cents a pack, and a gun permit would more than double.

In a major change, Malloy wants local cities and towns, especially wealthy ones, to pick up more of the tab for teacher pensions.

"The state is spending $24 million to cover pension costs of teachers and administrators in our most affluent community, Greenwich -- a school district that enrolls 8,800 students," Malloy says.

Critics say the move would lead to a dramatic spike in property taxes.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."