Latest Breaking News On - Senate president martin looney - Page 17 : comparemela.com
Waiting for the next shoe to fall : Latest federal charges called another black eye for Bridgeport
theridgefieldpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theridgefieldpress.com Daily Mail and Mail on Sunday newspapers.
Waiting for the next shoe to fall : Latest federal charges called another black eye for Bridgeport
darientimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from darientimes.com Daily Mail and Mail on Sunday newspapers.
Waiting for the next shoe to fall : Latest federal charges called another black eye for Bridgeport
ncadvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ncadvertiser.com Daily Mail and Mail on Sunday newspapers.
Regina M. Egea
While Gov. Phil Murphy proposed a budget to increase spending by 7.2% above this year, bipartisan legislative concern is brewing over the self-inflicted crisis that lies ahead. Democratic Sen. Paul Sarlo, chair of the Appropriations and Budget committee, echoing comments made by legislative Republicans, warned that reliance “on federal aid with a limited lifespan and on long-term borrowing” may trigger a “fiscal cliff” once that revenue disappears. Senate President Steve Sweeney expressed remorse about agreeing to borrow $4.3 billion, which he now calls “regrettable,” for adding to the debt burden. He previously called the state’s penchant for borrowing a “financial death spiral.”
Editorial: ‘Mansion tax’ the wrong fit for CT By Hearst Connecticut Media Editorial Board © Provided by Connecticut Post
A home in Greenwich that sold in 2020 for $14.875 million.
A common theme among various measures winding their way through the General Assembly this session has been a need for new revenue. A pandemic-induced slowdown will do that, and lawmakers are turning over every rock looking for ways to pay for government functions.
That is behind drives to legalize recreational marijuana and sports gaming. A group of progressive legislators is seeking widespread tax increases on wealthier residents. And Senate President Martin Looney has proposed a statewide property tax, on top of the local property tax everyone pays, to help cities that have an overabundance of nontaxable properties within their borders.