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OFA, GOP: Malloy’s budget is not balanced

HARTFORD, Conn. – The state may be on track to end this fiscal year with a more than $504 million surplus, but nonpartisan fiscal analysts say the 2015 budget is running a $69.4 million deficit and Republican lawmakers say it’s Democratic Gov. Dannel P. Malloy’s fault.

Senate Republican Leader John McKinney and House Republican Leader Lawrence F. Cafero, Jr. said Monday that the governor deliberately ignored warnings last fall from the state Comptroller and Education Department when he shortchanged retirees’ healthcare and magnet schools in the budget he proposed in February.

“It is clear now that the governor willfully disregarded what people in his own administration presented to him in their budget requests last October and November, months before he put out his budget,’’ Cafero said. “We know now the budget was out of whack the moment he dropped it and exceeded the spending cap.’’

The Office of Fiscal Analysis released projections last week that show the 2015 budget will be in deficit $69.4 million and the 2016 budget will be in deficit by $1.035 billion.

See the complete story at CT News Junkie.

 

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