GOP Unveils $27.9B Budget Blueprint

0:00It's April 14th. I'm Cory with the story, and this is Hartford News today, your AI-powered local news. House Republicans just unveiled a $27.9 billion budget blueprint packed with $420 million in annual. Tax and fee relief, over $335 million extra for local schools, and steps to fight spiking insurance rates. The plan leans on shifting about $700 million in hospital payments outside the spending cap, scoring a win in the court battle with. New York overtaxes from remote workers, cutting undocumented residents from state health coverage to save $61 million and delaying one, $150 million in new state hires. GOP leaders like House Minority Leader Vincent Candelora pushed this as real pocketbook help through lower property taxes and premiums, staying one. $167 million under the cap, and they hope Democrats weave in pieces before the May 6 deadline for the 2026. 27 Fiscal Year

1:02At its heart, sits a $285 million middle-class income tax slash bumping property tax credits from $300 to $650 with wider eligibility, up to higher incomes, around $130,000 for singles, and $200,000 for couples. Plus new breaks on tips and full social security exemptions. Meanwhile, Democrats call it Pying the Sky Math and stick to their $500 million rebate plan, but both camps eye bigger school aid too. Ease local burdens as talks ramp up toward a deal that balances relief with fiscal guardrails.