The other night the Connecticut legislature finally passed this year's budget, and Gov. Rell said she'll sign it. But the budget doesn't address the huge gaps projected in the 2012 and 2013 fiscal years.
From CT News Junkie:
It doesn’t address the structural deficits in 2012 and 2013, but next year’s $19 billion budget is balanced with $177 million in spending cuts, $365 million in additional federal funds, and a plan to borrow $989 million down the road.This current deficit was entirely preventable:
The 2011 budget bill passed the Senate 19 to 16 around 10 p.m. and the House voted 93 to 57 shortly before midnight.
Republicans expressed concern that the 2011 budget adjustment didn’t even begin to tackle the more than $3.8 billion deficit in 2012.
“We still left a large structural hole in 2012,” Sen. Minority Leader John McKinney said. “We could have done a better job of dealing with our deficit today.”
Simply put, Sen. Dan Debicella, R-Shelton, said the legislature is “punting to the next governor and next legislature.”
Even Democratic leaders admitted it didn’t close the structural gaps in the budget.
“It really doesn’t address the deficit that we have projected in fiscal years 2012 and 2013,’’ Sen. Toni Harp, co-chair the Appropriations Committee, said. “We’re hoping for an immediate and abrupt turnaround in our economy.”
Sen. President Donald Williams said if last year’s Democratic budget had passed the state wouldn’t be dealing with a deficit.I'm not happy that it seems the legislature didn't address the painful issues this year, and it will only be worse for the new governor next year. Who will likely have to make some bold and unpopular choices in order to get a budget that works.