STAMFORD, Conn. (CBSNewYork) — Connecticut Gov. Dannel P. Malloy was in Stamford this week, talking plainly about what the state can expect in the budget in a couple of weeks.
As WCBS 880’s Fran Schneidau reported, Malloy told Fairfield County businesspeople that if Congress had dealt with the national debt and not postponed action, “we would be awash in a surplus in the State of Connecticut.”
But as it is, the state again has found itself facing a huge deficit, and Malloy said his budget next month will contain some “tough cuts.”
Joe McGee of the Business Council of Fairfield County said essentially, Malloy is on the hot seat as he runs for reelection with an economy that has not picked up as he hoped.
McGee said Malloy’s only option now is to present a budget that the governor admits will make people angry.
“A billion dollars on a $20 billion budget may not sound like a lot, but it’s a lot,” McGee said. “It’s a lot of cuts, and these cuts are going to be painful.”