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Leonard A. Fasano

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  • Legislature's GOP Sets Public Hearing On Proposed Tax Hikes

    Legislature's GOP Sets Public Hearing On Proposed Tax Hikes
    HARTFORD — Republican leaders in the legislature will hold a public hearing on the finance committee's plan to raise taxes on the wealthy and institute a sweeping expansion of the state sales tax.
  • Lembo says Connecticut still faces deficit despite new cuts

    State Comptroller Kevin Lembo says Connecticut's main spending account will end the fiscal year with a $161.7 million deficit. Lembo released his latest deficit projection Friday. It comes after Gov. Dannel P. Malloy ordered a third round of mid-year...

    State Could Issue Bonds To Help Build Hartford Stadium

    State Could Issue Bonds To Help Build Hartford Stadium
    HARTFORD — The state may still finance part of Hartford's $56 million baseball stadium, though not in the way previously considered. The latest plan would send an undetermined amount of money to Hartford from bonds issued by the state and...

    State Deficit Continues To Worsen Amid Weaker Tax Revenue

    State Deficit Continues To Worsen Amid Weaker Tax Revenue
    HARTFORD — With the income tax, cigarette taxes and casino money all coming in lower than expected, the governor's budget office is now projecting a deficit of nearly $162 million in the current fiscal year. State officials released their consensus...

    Legislative budget restoring cuts clears Connecticut panel

    Democrats in the Connecticut General Assembly rebuffed many of the Democratic governor's proposed spending cuts on Monday, approving an alternative plan that fully or partially restores reductions to budget items ranging from mental health care grants...