Comptroller’s report assesses impact of Big Beautiful Bill on CT

Connecticut Inside Investigator – Wednesday, July 23, 2025
By Brandon Whiting

Connecticut’s Comptroller Sean Scanlon released a 31-page report yesterday, assessing the financial impacts that passage of President Trump’s “One Big, Beautiful Bill Act” (OBBBA) would have on both state budgets and taxpayers.

“It’s the job of the State Comptroller to monitor both our state budget and the overall economy, and I have tried hard—as have my predecessors—to be an umpire who calls balls and strikes regardless of what team is at the plate,” wrote Scanlon. “To that end, we present this information to the public in a neutral format.”

The report projects large increases in state costs, significant decreases in state revenues, and tax relief primarily benefitting the state’s wealthiest residents. Cuts in federal funding to Medicaid are expected to number $13 billion over the next decade, expected adjustments to SNAP would require the state pay anywhere from $84 million to $173 million more per year to cover current levels of service, and tax relief, largely relegated to the state’s wealthiest residents and large corporations, are expected to reduce state revenues for years to come.

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