Revised State Budget Deficit Estimates May Trigger More Cuts
HARTFORD, Conn. (CBS Connecticut and AP) – Revised estimates show Connecticut’s current budget deficit has grown large enough to potentially trigger a mid-year, budget-cutting plan from Democratic Gov. Dannel P. Malloy.
In a letter sent Monday to State Comptroller Kevin Lembo, Malloy’s budget director says the current fiscal year is now projected to be $202.8 million in deficit. Ben Barnes says that’s slightly more than one percent of net appropriations in the state&rsquo
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