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Gov Ned Lamont

All articles tagged with #gov ned lamont

politics-and-finance1 year ago•10 min saved

Lamont's Budget Proposal: Implications for Connecticut's Future

Gov. Ned Lamont proposes a $26.1 billion budget for Connecticut, focusing on erasing $500 million in bonded debt, investing in child care and education, and maintaining fiscal stability. The plan increases base aid for public colleges and universities but reduces overall support, bolsters K-12 education, and creates new posts to monitor health care quality and finances. It also aims to secure disputed tax dollars from Connecticut residents working remotely for businesses in New York. The budget includes a plan to reduce outstanding transportation bonding debt and repurpose unspent federal COVID-relief grants, while facing criticism for sweeping funds from a program sharing state sales tax receipts with cities and towns.

via The Connecticut Mirror|

#connecticut-budget #education-funding #fiscal-stability

politics1 year ago•5 min saved

Lamont's $26B Budget: Debt Reduction and Child Care Support

Gov. Ned Lamont's $26.1 billion budget plan for the next fiscal year focuses on reducing Connecticut's bonded debt by repurposing reserves from its transportation program, maintaining funding for higher education, dedicating extra funds for early childhood development, and implementing state fee reductions. The plan also includes adjustments to K-12 education funding and relies on unspent federal COVID-relief grants. The budget proposal aims to adhere to fiscal controls and prepare for a lean budget, while facing questions about surplus dollars in the Special Transportation Fund.

via The Connecticut Mirror|

#bonded-debt-reduction #connecticut-budget #education-funding

health1 year ago•2 min saved

"Connecticut Governor Announces Plan to Erase Medical Debt for Eligible Residents"

Connecticut Governor Ned Lamont announced that the state will be the first to cancel medical debt for all eligible residents, using $6.5 million in American Rescue Plan Act funds to erase approximately $1 billion in medical debt. The relief program aims to help those whose household income is up to 400% of the federal poverty line or whose medical debt equates to 5% or more of their annual income, and will not have any associated tax burden. This initiative is intended to provide financial and emotional relief to individuals burdened by medical debt and stimulate the local economy, with several cities also implementing similar plans.

via New York Post |

#american-rescue-plan-act #connecticut #gov-ned-lamont