Connecticut Secures $370M for Tax Relief, School Aid

0:00It's April 29th. I'm Corey with The Story. This is Hartford News today, driven by AI. Connecticut Governor Ned Lamont just sealed a tentative state budget deal after 10 talks, dropping $270 million in fresh. Municipal aid that towns can use to cut taxes right away. This comes with 170 million more for schools and 100 million in other local help, even as a one-time boost. Communities can reopen their budget starting July 1st to tap this cash. Hitting hits from inflation, health costs, and gas prices. Lawmakers locked it in before the session ends, May 6th, while fine-tuning details. Lamont stressed helping families amid tough times, pulling 300 million from pension savings for a big child care expansion. House Speaker Matt Ritter called it a game changer, praising the governor big time for going all in. Democrats cheer the investments, but House GOP leader Benson Candelora says it's not enough, pushing for 330 million more in school.

1:01Aid and tax cuts up to 420 million through bigger credits. This deal balances short-term relief with long-term bets like cheaper child care, setting up quick passage and real savings for Connecticut folks down, the line.