by Christine Stuart | July 1, 2009 1:56 PM Posted to State Capitol As promised Republican Gov. M. Jodi Rell has vetoed the Democrats’ budget proposal saying, “It is neither balanced nor remotely realistic.” The veto came Wednesday as she met privately at the governor’s residence with legislative leaders in an effort to craft a new two-year budget. According to sources, the two sides met for close to seven hours Tuesday, the same day Rell signed an executive order to continue state services without a budget in place. Even though Democrats hold a majority in both the House and the Senate, their $35.58 billion budget proposal, which raised taxes $2.5 billion on the wealthy and businesses, didn’t win enough support for lawmakers to override a gubernatorial veto. Further complicating matters, the fiscal year ended Tuesday with a... [read full story]
