Connecticut leaders announce fund to supplement federal cuts in health and human services
Connecticut lawmakers approved a $500 million fund from surplus to maintain support for SNAP, food aid, and heating programs amid federal cuts, lasting until February session.
9 Articles
9 Articles
Connecticut Sets Aside $500 Million Safety Net As Shutdown Threatens Food, Heat, and Health Programs
The reserve temporarily redirects money normally used to pay down pension liabilities into a restricted account within the state’s $4.3 billion rainy-day fund. It can be tapped only if programs such as SNAP, WIC, LIHEAP or Affordable Care Act subsidies lose federal support.
Swelling CT revenues could intensify response to federal cuts
Already anticipating huge surpluses this budget cycle and next, Connecticut’s coffers will swell even more, state analysts projected Monday, thanks to surging income and business tax receipts tied to a robust stock market in 2025. The swelling projections — about $1.1 billion in extra revenue this fiscal year and an average of $500 million more in each of the next two — likely will expand calls for further state tax cuts and greater investments …
State to create emergency fund to cover costs of federal benefits during shutdown
Even as lawmakers in Congress were moving forward with a deal to reopen the federal government, state leaders stood by their plan Monday for an emergency fund designed as a response to the shutdown. Gov. Ned Lamont will declare a fiscal emergency on Wednesday, paving the way for lawmakers to vote to set aside $500 million for the emergency fund. That fund would allow the state to pay for federal benefits that have been or could be frozen if the …
Lamont, CT lawmakers tap $500 million surplus to offset federal cuts
Connecticut Governor Ned Lamont (D)(Molly Ingram / WSHU)Connecticut Gov. Ned Lamont and state legislative leaders have agreed on a bipartisan plan to use $500 million from the state’s surplus to backstop federal cuts to social safety net programs.Lawmakers will vote on the deal in a special session in the House on Wednesday and in the Senate on Thursday.The agreement grants Lamont the authority to utilize the emergency fund to offset federal cut…
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