Skip to main content
See every side of every news story
Published loading...Updated

Watch Gov. Ned Lamont's 2026 State of the State address

Gov. Lamont proposes a $28.7 billion budget including a $500 million sales-tax rebate and cuts hospital tax hike to $100 million while preserving $140 million in hospital payments.

  • Releasing budget adjustments, Gov. Ned Lamont proposed changes to the $28.7 billion fiscal year 2027 budget shortly after 12 p.m., including a one-time energy rebate between $200 and $400 for roughly 1.6 million taxpayers.
  • Lamont framed the moves as shielding vulnerable residents from federal cuts and easing costs for working families, funded by excess, volatile capital gains from a few big AI stocks.
  • Lamont's plan also proposes to eliminate licensing fees for about 160,000 workers, with estimated annual savings of approximately $16 million, while expanding the R&D tax credit to pass-through entities meeting a $70 million sales threshold.
  • The Senate reconvened to transfer roughly $330 million into a new Federal Cuts Response Fund, with Republican lawmakers objecting to OPM spending authority, as Sen. Ryan Fazio said it would grant Lamont unchecked powers.
  • Amid the budget changes, the Connecticut Hospital Association warned that a $100 million hospital assessment increase and $140 million in supplemental payments would burden hospitals and reduce resources, while Wojcik, Lamont's spokesperson, said the package nets $40 million to hospitals and $53.8 million to the state.
Insights by Ground AI

12 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left
50% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The CT Mirror broke the news in on Wednesday, February 4, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal