The Latest on the Connecticut Budget (all times local):
Democratic Gov. Dannel P. Malloy says if a $40.7 billion Republican-backed budget plan passed by the state Senate reaches his desk he’ll veto it because it “relies on too many unrealistic savings.”
Malloy says in a statement the Senate plan approved Friday contains cuts to higher education and would violate existing state employee contracts.
The GOP plan relies on changes in state employee pensions after the current state union deal ends in 2027. Republicans say it achieves $270 million in savings.
Malloy says if the budget he negotiated with Democrats isn’t going to pass, then lawmakers need to create a new agreement that is realistic and bipartisan.
The Democrats’ $41 billion proposal failed to come up for a vote in the House early Friday.
It’s unclear when the GOP plan will receive a vote in the House.