By Susan Bigelow
HARTFORD, Conn. – Good news: The state government is running a bigger-than-expected surplus! Just don’t dig too deeply into the numbers.
The new surplus is twice what analysts thought it would be, and for a state that in 2011 faced a massive $3 billion budget hole it’s great to be in the black at last. Gov. Dannel P. Malloy said in a statement that the increased surplus “. . . highlights the continued progress we have made in turning a record-setting $3.6 billion deficit to a surplus of more than $500 million, while at the same time making smart investments to improve our education system and grow jobs.” It sounds great, right?
But this is Connecticut, where good news always comes with some sort of catch…
Read the complete story at CT News Junkie.