Handshake Agreement on Budget

HARTFORD, CT — Gov. Ned Lamont and Democratic legislative leaders gathered in the governor’s Capitol office Thursday to announce that they have reached an agreement on a two-year, $43-billion budget that closes a $3.7 billion deficit.

“We’re gonna have an honest budget done on time so that people can plan accordingly,” Lamont said.

“We’re going to get this budget balanced without raising tax rates on anybody,” Lamont said.

However, the budget does lower the tax credit for the pass-through entity tax.

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