Even weighed against Connecticut’s high per capita income, the state’s bonded debt and unfunded retirement benefits outrank most other states’, according to a new analysis by The Pew Charitable Trusts. Continue Reading →
State Comptroller Kevin P. Lembo agreed Wednesday with nonpartisan analysts that the budget deficit is worse than Gov. Dannel P. Malloy administration is projecting. But while Lembo also urged the governor and legislature “proceed without delay” to reduce the shortfall, his $172.8 million deficit forecast falls just short of the level that would compel the governor to prepare a deficit-mitigation plan.
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