Barnes: Conn. facing $365 million budget deficit

Published November 14, 2012 7:42pm ET



HARTFORD, Conn. (AP) — Gov. Dannel P. Malloy’s budget director confirmed Wednesday the state’s budget deficit has grown to about $365 million, requiring the governor to submit a deficit-cutting plan to the General Assembly.

In testimony before the legislature’s Appropriations Committee, Benjamin Barnes said the new figure includes declines in expected state revenues and increased spending for Medicaid services. Barnes said the Office of Policy and Management has already begun work on a deficit-cutting plan for Malloy’s consideration.

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