
HARTFORD, Conn. – State Comptroller Kevin Lembo is siding with Gov. Dannel P. Malloy’s budget office when it comes to estimating the size of the 2015 budget deficit.
In his monthly letter to Malloy, Lembo agreed that the state is running an $89.4 million deficit after the second round of rescissions last week.
That’s far less than the $170.9 million deficit projected last week by the legislature’s nonpartisan Office of Fiscal Analysis.
The difference between the two estimates are on the spending side of the equation.
See the complete story at CT News Junkie.
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