State plans to cut more spending
The state plans to cut more spending this year after new revenue projections. Gov. Dannel Malloy says the state is expected to take in $95 million less this year than last and nearly $140 million less
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Jan 18, 2012, 7:57 PM
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Updated 5,017 days ago
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The state plans to cut more spending this year after new revenue projections.
Gov. Dannel Malloy says the state is expected to take in $95 million less this year than last and nearly $140 million less than that the following year.
Malloy says the problem is due in part to a drop in income tax revenue, despite the fact that he raised taxes last year.
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