Conn. House Leaders Pass $40B Budget After Pulling All-Nighter
Connecticut's House of Representatives has passed a $40 billion state budget after Democratic leaders worked through the night to secure enough votes.
The bill, which needed 72 votes, was approved Wednesday morning 73-70. It now heads to the Senate, which by law must act on the package by midnight when the General Assembly is scheduled to adjourn for the summer. If it is not passed, lawmakers would need to convene a special session before the July 1 start of the fiscal year.
Plans to vote on the budget Tuesday were scuttled after Connecticut-based General Electric Co., Aetna Inc. and the Travelers Companies Inc. each released rare public statements taking issue with about $700 million in business tax increases.
GE and Aetna both questioned whether they would remain in Connecticut.
Copyright 2015 The Associated Press. All rights reserved.