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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’s bottom line is improving

CBIA economist seeks 'real spending reforms'

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.

Cuomo takes budget pitch to Marist

He calls for and end to Albany’s dysfunction