Page 4 - Fiscal Analysis News Today

Virginia Gov. Glenn Youngkin proposed a new state budget Wednesday that would lower income taxes and raise the state’s sales tax.

HARTFORD — Gov. Ned Lamont and Office of Policy and Management Secretary Jeffrey Beckham released the following statements in response to the November 2023 consensus revenue forecast, which was jointly

Indiana has paused hearing all online gaming bills in 2024 after one of its former legislators recently got convicted after engaging in bribery in the 2019 gaming bill. Former Representative Sean Eberhart pleaded guilty to conspiring to commit honest services fraud. The U.S. Attorney’s Office for the Southern District filed the case.

The non-partisan Office of Fiscal Analysis says DEEP's estimate is off by a factor of three; the agency disagrees, but no one has a crystal ball.

Will CT's heating aid program run dry this winter? CT legislative leaders say they may need a special session in January to supplement CEAP.

Even if the economy slips, CT could have a rainy day fund approaching $4 billion, its largest fiscal bulwark ever, by next fall.

New reports indicate that Connecticut's significant savings program could keep the state's finances in the black for at least five more years, despite no longer setting budget surplus records.

A Virginia think tank with a progressive bent is proposing major changes in the state’s tax code long sought by Democrats, proposals that could be an early feeler to see what kind of battle lines – or compromises – will come in the 2024 General Assembly session.

A Virginia think tank with a progressive bent is proposing major changes in the state’s tax code long sought by Democrats, proposals that could be an early feeler to see what kind of battle lines – or compromises – will come in the 2024 General Assembly session.

A Virginia think tank with a progressive bent is proposing major changes in the state’s tax code long sought by Democrats, proposals that could be an early feeler to see what kind of battle lines – or compromises – will come in the 2024 General Assembly session.