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Budget Cuts Coming Amid Connecticut’s Deficit Woes

Approximately $150 million will be cut by Gov. Dannel P. Malloy in the coming days.

Faced with a deficit that keeps growing, Gov. Dannel P. Malloy will be cutting approximately $150 million from the state budget this week.

According to the Hartford Courant, that’s the most the governor is allowed by law to cut. State legislators will reportedly have to find $200 million in savings by the end of the year in the $2 billion budget.

The deficit is expected to total $1.1 billion in the next fiscal year and is already at $265 million for this year in the biennial budget. 

Gov. Malloy said that fixing the deficit will not require new taxes and that poor economic conditions affecting much of the country are to blame.  

Paul Alexander November 28, 2012 at 02:47 PM
"Gov. Malloy said that fixing the deficit will not require new taxes and that poor economic conditions affecting much of the country are to blame. " Nice try Dan.... Florida got whacked harder than most states due to the "poor economic conditions affecting much of the country" yet is operating in SURPLUS as are many other states where grown ups are in charge instead of public employee unions. Time to man up, Dan. YOU are the train wreck, not the country.
Paul Alexander November 28, 2012 at 02:51 PM
According to 24/7 Wall St, Connecticut has the highest combined state and local tax burden with a combined state and local tax burden for 2010 of 12.8% of income. And that was BEFORE Dan's all-time, historic state tax increase that he enacted in 2011. Dannel Malloy is the problem.
Veritas vos liberabit November 28, 2012 at 03:10 PM
Rasmussen: According to 24/7 Wall St, CT is the 36st Best Run State, Flori-duh trails at 42nd! http://finance.yahoo.com/news/the-best-and-worst-run-states-in-america-150415625.html
Mike November 28, 2012 at 03:40 PM
Once again, its easy to blame the guy who has taken over after 16, YES 16 years of Republican governors. If you want to point the finger, look no farther.
Paul Alexander November 28, 2012 at 03:43 PM
A. The Connecticut General Assembly, WHERE BUDGET DECISIONS ARE MADE, has been solidly Blue for GENERATIONS. B. Governor MALLOY, a liberal Dem, not any of the previous governors, rammed through the LARGEST tax increase in Connecticut HISTORY.
Veritas vos liberabit November 28, 2012 at 03:50 PM
Rasmussen, I'm guessing that Johnny "Jail Bird" Rowland is more your type of guy.
Paul Alexander November 28, 2012 at 03:52 PM
Malloy...not any of the previous Governors, has gone from the largest tax increase in Connecticut history to EPIC budget deficit...in two years time. He deserves "the finger". The only reason he "says" he won't raise taxes to cover the deficit is that he intends to run for re-election. After he is re-elected by the fully lobotomized Connecticut electorate, you'll get what you deserve.
Mike November 28, 2012 at 03:56 PM
So, you really have yourself believing that the tail wags the dog? That is hysterical. If the state was thriving with a Repub governor and general assembly was democratic, you would be singing the complete opposite tune. You would give all the credit to the man in charge.....Fair weather politicians. You amplify why things can never get done using elected officials as the means to the end.
Michael Gianfranceschi November 29, 2012 at 02:09 AM
I'll look no farther than the Democrat legislatures that for the most part were veto proof, I'll point my finger at them....
Steven DeVaux November 29, 2012 at 05:20 AM
I think if he cuts snowplowing like they did in Bridgeport years ago he would be innovative. Instead, what is he going to cut? Not staff. He guaranteed no layoffs with the union agreements. Bet he cuts Special Education and has the LOCAL taxpayers raise property taxes instead. The old bait and switch rouse.
Bri1314 November 29, 2012 at 07:34 AM
I can't believe this comment was typed in with a straight face
Bri1314 November 29, 2012 at 07:36 AM
Democrats have destroyed this state
Cheri Lee Collins November 29, 2012 at 11:22 AM
Can't beat Democrats for spending other people's money. Of course, in recent years, Republicans have certainly tried... and don't we all covet those yummy public union wages and benefits.
Paul Alexander November 29, 2012 at 02:03 PM
Then stop electing them.....
Arthur B November 29, 2012 at 02:17 PM
They are all common criminals, they are above the law and it starts at the lowest levels of government. From the lazy teachers and public works employee unions going all the way up to the top office.
Paul Alexander November 29, 2012 at 03:02 PM
Regrettably, there are no easy fixes for where YEARS of Democrat controlled General Assembly overspending in Connecticut have taken the state and its municipalities. The more entrenched and empowered the far left New England socialists like Malloy, Chafee, et al become the more traumatic the events necessary to run them and their ilk out of office for the generation or two needed to get the state righted.
Steven DeVaux December 04, 2012 at 11:31 AM
The Malloy administration is exploring including medical/dental benefits as taxable income on 2012 tax returns as they look to close the state deficit. Move would not be considered a "tax increase". Could again be retroactive if legislature agrees boosting taxable income but not income taxes before the April 15th tax filing deadline but 3 months before the end of the fiscal year.
Paul Alexander December 04, 2012 at 12:17 PM
Just throw the idiot out of office already. Are you all tax masochists?

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