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$20 currency notes are seen at the Bureau of Engraving and Printing in Washington. (AP Photo/J. Scott Applewhite, File)

Conn. tax revenue continues to fall short

Updated: Saturday, 10 Nov 2012, 8:41 AM EST
Published : Saturday, 10 Nov 2012, 8:41 AM EST

HARTFORD, Conn. (AP) — Democratic Gov. Dannel P. Malloy's budget office says the latest estimates from the state's legislative and executive branch budget offices show Connecticut's tax revenues have fallen behind by $52.7 million since April, when the last revenue estimates were released.

But House Republican leader Lawrence Cafero Jr. on Friday accused the administration of trying to "put lipstick on a pig," and said it should have revealed that revenues in total have fallen at least $128 million behind what was originally budgeted.

Cafero said he believes the state is in "very difficult fiscal shape."

Office of Policy and Management spokesman GianCarl Casa said the administration is not trying to hide anything and OPM was just comparing two revenue estimates. He said state lawmakers will be briefed on the details on Wednesday.

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