While how Malloy got Connecticut to that $121.3 million surplus is under fire, that’s hardly the fear-and-loathing scary part. That part is potentially much worse — for all of us. It’s been widely reported that the state’s own Office of Fiscal Analysis is projecting that the new fiscal year beginning Aug. 1 will end in June 2015 with a deficit of $1.4 billion if nothing is done. Analyses projecting two fiscal years out show that deficit only increasing — to a total now being estimated at $3 billion. From a $121.3 million surplus to a deficit more than 10 times that amount in a year: Wait, what? nhregister/general-news/20140726/editorial-connecticuts-surplus-is-really-a-deficit-of-billions
Posted on: Sun, 27 Jul 2014 14:25:37 +0000
Trending Topics
Recently Viewed Topics
© 2015