Deficit Pegged For FY 18 State Budget

(Hartford, Conn./CBS Connecticut) – The state comptroller is releasing new figures on Connecticut’s deficit for the current fiscal year.
Kevin Lembo says the state is facing a 93-point-8-million dollar shortfall for the end of the fiscal year 2018.
This, as Connecticut continues to operate under a gubernatorial executive order, absent a state budget.
Lembo says in a letter to Governor Dannel Malloy while the spending reduction authority should allow him to meet savings targets, spend