Connecticut Governor Malloy Calls for Budget Talks to Begin...
Connecticut Lawmakers Trying to Work Out Budget Deficit
Governor Dannel P. Malloy is calling for meetings with legislative leaders beginning on Monday to come up with a plan to deal with the state's multimillion-dollar budget deficit.
A special legislative session has been scheduled to convene on Dec. 19 to vote on a plan. Malloy said today he is hoping negotiations involving his office and the legislative caucuses will yield a bipartisan plan.
The governor already has authorized $550 million in temporary lines of credit at the request of the state treasurer in case the state needs cash to pay its bills.
State Comptroller Kevin Lembo is projecting a $415 million deficit in this year's $20 billion state budget. The shortfall estimate is $50 million higher than the one by the Malloy administration.