May 20, 2022


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Dems Detail Budget Deal With $500 Mil in Tax Cuts, Extension of Gas Tax Holiday

Gov. Ned Lamont and legislative Democrats outline their spending budget deal Credit rating: Hugh McQuaid / CTNewsJunkie

Legislative Democrats and Gov. Ned Lamont’s administration introduced Wednesday the particulars of a $24.2 billion price range adjustment deal, which they say offers all-around $500 million in tax relief together with extending a fuel tax holiday getaway till December.

Lamont and legislative leaders outlined the agreement through an afternoon press meeting in the condition Capitol creating. Both of those chambers of the legislature are anticipated to increase the price range for a vote ahead of the session concludes following week. 

“Overall, I assume you see a budget which is going to choose care of individuals most in will need, a finances which is performed on time, earning significant investments that allow men and women to get back to function,” Lamont stated.

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