CT Gov Has Plan To Get Through Budget Year

Governor Dan Malloy is proposing a  package to eliminate the projected deficit of 389-million-dollars in the  current fiscal year. 

 Malloy's plan calls for using the entire  235-million-dollar rainy day fund to reduce the deficit.  

The plan also  calls for 19-million-dollars in immediate cuts to cities and towns and  nearly 100-million-dollars in revenue transfers.  

The work gets harder  from here as the state is facing a five-billion-dollar deficit for the  upcoming two-year fiscal cycle.

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