Lembo Says State Will End Year With A $44.6M Deficit

State Comptroller Kevin Lembo said slow income tax withholding has forced him to predict the state will end the year with a $44.6 million budget deficit. He agreed with the nonpartisan Office of Fiscal Analysis that revenues would fall about $60 million short of projections. Lembo pointed out that Connecticut’s overall budget performance is ultimately dependent upon the performance of the national and state economies


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