Connecticut’s budget woes are growing.
The legislature’s nonpartisan Office of Fiscal Analysis says the state likely faces a $144.5 million state budget deficit, The Associated Press reports.
That red ink, however, does not reflect spending cuts of nearly $79 million ordered by Gov. Dannel P. Malloy after learning that state revenue for the fiscal year that ends June 30 is expected to decline by about $95 million.
Budget analysts say the deficit is due to that revenue decline and higher spending totaling $131 million.
