After working through the night to secure enough votes, Democratic leaders of the Connecticut House of Representatives started debate on a budget bill that’s been heavily criticized by major businesses for raising taxes.
The debate on the two-year, roughly $40 billion fiscal package began at 5:30 a.m. on Wednesday.
The House originally planned to vote on Monday on the budget agreement reached on Sunday between Democratic legislators and Democratic Gov. Dannel Malloy’s administration. Those plans were scuttled after General Electric Co., Aetna Inc. and the Travelers Companies Inc. each released rare public statements taking issue with approximately $700 million in business tax increases.
House Democrats said they believe they have enough votes to pass the budget, but it has to pass the Senate before reaching the governor’s desk and the General Assembly is facing adjournment at midnight on Wednesday.
If a budget isn’t passed, the legislature will have to convene a special session to approve a budget for the fiscal year that begins July 1.
View the original content and more from this author here: http://ift.tt/1KMLDrT
from democratic dojo http://ift.tt/1IcXQ5H
via IFTTT
No comments:
Post a Comment