- Associated Press - Thursday, May 1, 2014

HARTFORD, Conn. (AP) - The minority Republicans in Connecticut’s General Assembly are offering up ideas for trimming the new state budget, now that the projected surplus has plunged by $461.5 million.

GOP lawmakers on Thursday presented a revised version of their budget proposal in light of the drop in surplus funds. This fiscal year is now projected to end June 30 with a $43.4 million surplus, down from nearly $505 million.

Republicans scrapped their plans to restore sales tax exemptions for non-prescription drugs, and clothing and footwear under $50. They’re also forgoing an additional payment to the state’s pension fund.

Malloy’s administration is currently negotiating a final budget agreement with Democrats. Republicans are not part of those talks.

Malloy spokesman Andrew Doba accused the GOP of cutting millions from public education while raising taxes.

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