Connecticut's budget deficit is increasing, taking a perilous plunge on Friday that is pushing it toward the $300 million mark, the Connecticut Mirror reports.
While the website questions whether the deficit will force Gov. Dannel P. Malloy to increase taxes — again — to cover continued budget shortfalls, Malloy last week said he would not hike state taxes, according to the Republican-American newspaper.
The growing state budget deficit, the Mirror reports, is the result of revenue shortfalls that are greater than Malloy administration officials originally anticipated. Officials in his administration blame the shortfalls on the overall weakness of the national economy. State Republican leaders, however, lay the blame on the weakening effect on the state's economy of the $1.5 billion in new taxes the Malloy administration implemented in the last year.
Malloy will present his new budget plan to the General Assembly when it meets in early 2013.
What's with that bus route, has anyone looked at the Construction that is going on, what a waste. it wil take over 30 years, if ever to recoup the cost, another dumb decision. Time to look into any possible connections betwen the Construction group and governemnt, like that never happens?
Earned Income Tax Credit, Unions, Middle Class, Communism/Socialism, tax tax tax tax tax tax, tax; one comes off sounding too closely allied with the aluminum foil hat-wearing, Roswellian conspriacist, end-of-times/mayan calender/doomsday bunker fringe groups than as anyone with any constructive solutions.
"Republican leaders, however, lay the blame on the weakening effect on the state's economy of the $1.5 million in new taxes the Malloy administration implemented in the last year." Shouldn't that read, "$1.5 BILLION" ??? Connecticut is the new Greece...
http://www.coachoutletod.com Coach Outlet Store Online http://www.coachfactoryoutletbo.net Coach Factory Online http://www.coachoutletpn.com Coach Outlet http://www.coachfactorystoredo.com Coach Purse Outlet Online http://www.coachoutletos.org Coach Outlet Online http://www.coachoutletstorefb.com Coach Bags Outlet Online http://www.coachoutletstoreonlinert.com Coach Handbags Outlet http://www.coachoutletonlinelc.net Coach Outlet Factory http://www.coachoutletonlinelon.com Coach Factory Outlet http://www.coachoutletonlinelsa.com Coach Factory Outlet http://www.coachoutletdt.net Coach Factory Store http://www.coachoutletonlinebd.com Coach Outlet Online http://www.coachoutletstoreps.com Coach Outlet Store Online