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State Budget Deficit up Another $50 Million

Officials for Gov. Dannel P. Malloy disagree with the Connecticut comptroller's deficit figures, but acknowledge they must now file a deficit mitigation plan with the legislature.

State Comptroller Kevin P. Lembo says the state's mushrooming budget deficit has jumped by another $50 million, bringing the official deficit figure today to $415 million. 

However, because of a technical accounting glitch, Lembo's office has not factored in to that figure Gov. Dannel P. Malloy's recently ordered budget cuts, the Connecticut Mirror reports. 

When those cuts are calculated, the website reports, it brings the actual deficit closer to $290 million. 

Malloy's office, meanwhile, is questioning Lembo's deficit figures. Malloy officials say they don't believe the deficit is as high as Lembo is estimating, but offered no reason for why they don't agree with the comptrollers calculations, the Mirror reports.

Lembo said the state's budget woes are, in part, the result of higher than expect spending on Medicaid. Malloy has said he will file a deficit mitigation plan with the legislature before year's end. He has blamed the state's fiscal problems on the enduring and lingering impacts in Connecticut of the nation's economic downturn.

In an effort to lower the deficit, Malloy last week announced $170 million in budget cuts, the maximum allowed by a governor without needing legislative approval. 

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Richard E. Merritt May 22, 2013 at 01:47 pm
Dan is one of the hardest State Reps. to come along in many years. He is active in the community andRead More unselfish in meeting with youngsters.
Eric T Gray May 17, 2013 at 03:54 pm
Jessica, what do you mean 'when society lets them down'? I'm struggling to understand what you areRead More trying to convey... Please elaborate if you can.
Most Popular Poster May 17, 2013 at 02:03 pm
"Bethel teachers are not only educating students, but when society lets kids down, it’sRead More teachers who step in to fill the gap." Explain to me how an average salary of $60,000 per year for working 183 days during that year and an EXTREMELY generous retirement package (compared to the 240 a year the rest of us have to work) considered "society letting them down"?