HARTFORD, Conn. (AP) – New figures show Connecticut still has a $141.4 million deficit in the current fiscal year’s general fund account, less than a month after Democrats and Republicans passed a bipartisan plan to fix the problem.
Democratic Gov. Dannel P. Malloy’s budget director Ben Barnes blamed a continued decline in anticipated state revenues for the red ink. He said in a letter sent Wednesday to the State Comptroller that the state corporation tax fell significantly short of the administration’s targets.
Malloy and the General Assembly have struggled for months to try to balance the budget for the current fiscal year, which ends June 30. They passed a bipartisan plan March 29 to cover a projected $220 million deficit.
They passed another plan Dec. 8 to cover a projected $350 million deficit.
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