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Budget contains even more promises and gimmicks

Our Connecticut state budget has become a biannual fiscal train wreck.

Given the depths of the budget crisis Gov. Malloy inherited two years ago, many of us encouraged our tough minded new governor, working with his fellow Democrats in the legislature, when he pledged to present the first honest budget in years. He said it was a GAAP-approved budget that would stabilize our finances with real budget cuts matched with revenue increases. Continue Reading →

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