budget deficit

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Lembo: Time to fix worsening state budget deficit is now

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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Deficit 2015: McKinney’s solution lies with ‘ignored’ ideas

John P. McKinney

This is Part One in a weekly series focusing on Connecticut’s five gubernatorial candidates and their respective plans for reinvigorating the state’s economy and closing a  $1.4 billion budget deficit projected for after the election. Part One features an interview with Republican John P. McKinney. Continue Reading →

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