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Budget deal doesn’t erase future deficits, but Malloy, Dems not worried

Gov. Dannel P. Malloy and Democratic House Speaker Brendan Sharkey and Sen. President Donald Williams.  (Photo by Christine Stuart)
Gov. Dannel P. Malloy and Democratic House Speaker Brendan Sharkey and Sen. President Donald Williams. (Photo by Christine Stuart)

HARTFORD, Conn. –Democratic Gov. Dannel P. Malloy and Democratic legislative leaders have struck a budget deal that maintains most of their priorities for 2015, repeals keno, and defers a handful of tax breaks.

“I don’t think there’s a lot of pain in the budget,” Malloy said. “There’s delaying some things by months. We are going to lower taxes, but we may lower them a month later or nine months later or six months later here and there.”

Despite creating what is likely to be around a $1.3 billion deficit on paper in 2016, Malloy said he’s proud of what he has accomplished in this budget and past budgets and doesn’t care “what the number is” in 2016.

The number legislative analysts have estimated based on the spending and revenue projections in the previous budgets “isn’t real. Isn’t verified. Doesn’t represent current budgeting,” Malloy said.

See the complete story at CT News Junkie.

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