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Comptroller: Budget Deficit Growing
Published: Dec 05, 2008 12:00 am
Comptroller: Budget Deficit Growing
HARTFORD (AP) â State Comptroller Nancy Wyman says Governor M. Jodi Rell must come up with more cuts to balance this yearâs state budget.
Wyman is now projecting a $338 million deficit in the approved $18.4 billion budget. Wyman says since the projected deficit exceeds one percent of the budget, state law requires Rell to submit a second plan for bringing this yearâs budget back into balance.
A spokesman for Rell says the governor agrees and that she will present a plan before the month is out.