Senate President Pro Tempore Martin M. Looney (D-New Haven) today released the following statement regarding consensus revenue estimates:
“The consensus revenue report is cause for cautious optimism concerning our 2017 economic outlook. Changes in our corporation business tax structure have led to increased revenues which have played a role in eliminating the current fiscal year’s deficit.
“Of course, challenges remain as we continue the work of balancing the next biennium’s budget in a way that protects our core services and investments in innovation and job creation.”