Tag: deficit
MTA’s financial outlook is precarious, NYS comptroller says
The MTA currently is looking at deficit financing to balance its budget through 2025 to the tune of $2.9 billion.
CT Comptroller Lembo projects FY2021 deficit of $615.2M
Lembo credited the state's housing market for helping the local economy.
CT Comptroller Lembo projects $1.26B deficit and K-shaped recovery for state
"This K-shaped recovery is worsening existing inequities both in Connecticut and across the country," said Lembo.
CT Comptroller Lembo projects $128.1M deficit, calls for federal assistance
"I am urging Congress to consider the human cost of delaying further financial assistance," Lembo said.
CT Comptroller Lembo projects $594.5M deficit
"Recent indicators show that the State of Connecticut continues to lag behind the nation’s economic recovery in key areas," said Comptroller Kevin Lembo.
Connecticut comptroller projects $44.6M deficit for current fiscal year
Connecticut is on target to end the current fiscal year with a $44.6 million deficit, according to data released by Comptroller Kevin Lembo, who cited...
Connecticut wraps fiscal year $170.4 million in the red
It's the second consecutive year that the state posted a deficit.
State budget braces for sequester
Unless U.S. Congress members take further action, Connecticut officials are bracing for roughly $58.7 million in lost federal funding for the 2013 fiscal year.
Report: Malloy to unveil $150M in budget cuts
Gov. Dannel P. Malloy will reportedly announce at least $150 million in immediate budget cuts sometime this week, according to the Hartford Courant.
Conn. facing $192 million budget gap
Connecticut closed the books on the 2012 fiscal year with a $192 million deficit.
CBO: Short recession likely
The Congressional Budget Office says a recession is likely in the first half of 2013 unless the government enacts changes.