HARTFORD, Conn. - (AP) - Gov. M. Jodi Rell has turned over a tentative two-year budget plan to the Democratic governor-elect,and the numbers aren't pretty.
The proposal, presented to Dan Malloy's chief of staff, confirmsthat the new budget year that begins July 1 is forecast to be $3.44billion in deficit. The slow pace of Connecticut's economicrecovery is not expected to help bridge that gap.
Also, the plan shows that spending projected for the new fiscalyear is $1.34 billion above the state's constitutional spendingcap, partially because of cost of living increases and scheduledpay raises.
Tim Bannon, Malloy's chief of staff, calls Rell's budget "apiece of the puzzle" that Malloy needs to help craft his ownbudget proposal, which is due in February.
Malloy will be sworn into office on Jan. 5.
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