Connecticut Democrats roll back raises for state employees and increase money for hospitals; LIPA OKs $2.5 billion debt refinancing; a new Senate bill would halt the sale of Plum Island to highest bidder; and, Connecticut could rake in $62 billion if highway tolls were to return.
Late Friday, Connecticut Democratic leaders said that they reached a deal on changes to the two-year, $40.3 billion state budget.
House Speaker Brendan Sharkey from Hamden said the revisions take the concerns of the business community into account by eliminating an increase in the data processing tax and delaying the unitary reporting requirement until Jan. 1, 2016.
It also gives $30 million back to hospitals and $1 million to non-union nursing homes to provide more equity in pay.
Sharkey said the remaining $13 million in spending cuts in the revised budget is slated to come from reductions in raises for union and non-…