A top budget adviser to Democratic Gov. Dannel P. Malloy said Friday that Connecticut’s economy is showing signs of improvement despite a projected $99.5 million revenue shortfall this year and projected $1 billion deficits in each of the next three fiscal years.
Democratic Gov. Dannel P. Malloy’s budget office says Connecticut’s overall state debt has been reduced 15 percent during his three years in office, or $11.6 billion.
A number of Connecticut’s elected officials issued statements on the Congressional compromise on the debt ceiling and government shutdown.
Governor Dannel P. Malloy released the following statement in advance of an expected vote in the U.S. Senate and House to reopen the federal government and temporarily increase the government’s statutory borrowing authority: “While I […]
The state comptroller has pegged the state deficit projected for fiscal year 2013 at 131.3 million dollars, little changed from a month ago.
Connecticut’s projected deficit for the current fiscal year is up about $100 million in the last month, according to the latest projection from Comptroller Kevin Lembo.
State Comptroller Kevin Lembo says the state budget deficit will reach at least $415 million when the fiscal year ends next June.
Gov. Dannel P. Malloy says some “painful choices” and spending cuts will be needed to help cover Connecticut’s projected $365 million budget deficit.
After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.
Comptroller Kevin Lembo is confirming projections that the state of Connecticut’s current fiscal year is projected to end at least $200 million in the red.