According to WFSB.com, Jodi Rell, Governor of the great State of Connecticut, has spelled out the sobering facts of the state budget.
“The national economic woes have left us much more than sobering,” she said. “It's left us with a hangover we're going to deal with for decades.”
A new report from the Office of Policy and Management predicts the state deficit for the next two budgets to come with staggering deficits.
“The forecast for our economy is indeed very bleak,” Rell said.
Connecticut will be in the red more than $2.5 billion in 2010, she said, and more than $3 billion in 2011. The numbers, she said, are based on the amount of money it will cost for state government to just maintain services and programs.
“We'll see fewer revenue dollars in 2010 and 2011 than we're seeing now,” Rell said.
Sources :
- WFSB.com: Rell: State Facing Deficit Of Billions, November 12, 2008 9:18 pm EST
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