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Budget Cuts Coming Amid Connecticut’s Deficit Woes

Approximately $150 million will be cut by Gov. Dannel P. Malloy in the coming days.

 

Faced with a deficit that keeps growing, Gov. Dannel P. Malloy will be cutting approximately $150 million from the state budget this week.

According to the Hartford Courant, that’s the most the governor is allowed by law to cut. State legislators will reportedly have to find $200 million in savings by the end of the year in the $2 billion budget.

The deficit is expected to total $1.1 billion in the next fiscal year and is already at $265 million for this year in the biennial budget.

Gov. Malloy said that fixing the deficit will not require new taxes and that poor economic conditions affecting much of the country are to blame. 

Alethiologist November 28, 2012 at 07:12 PM
Cutting the "Budget" is a ruse....they need to cut "SPENDING"
Ipso Facto December 02, 2012 at 06:22 PM
crickets not surprisingly. Hey Evelyn --are you and your Teanderthal pals going to convince Linda to run for governor in 2014? She still has some millions left to spend. Since by her own admission she hasn't a clue why she lost her bid again for the U.S. Senate, seems to me she'd be a perfect candidate for you cave-dwellers to promote. Please don't do anything sensible and nominate someone who may actually be electable...like Shays!
Alethiologist December 02, 2012 at 07:57 PM
If Lets nominate bush. He is after all the guy who gave you the tax cuts you can't live without

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