Gov. Dannel P. Malloy tried to stay upbeat Thursday about a legislative session that began with the promise of tax cuts, but ended with this relief being postponed in the face of a projected budget deficit.
The economy may be improving, but Connecticut leaders better not count on a return to the ‘boom-boom’ years of the 1980s and ’90s.
Gov. Dannel P. Malloy finally has a chance to trumpet a large budget surplus, even though much of it stands on shaky underpinnings. And Republicans suspect the Democratic governor will use it next month to pay for an election-year tax cut — even though a larger deficit has been forecast for just a year from now.