Connecticut Lawmakers Look To Plug $1.4 Billion Budget Gap

HARTFORD, Conn. (CBSNewYork) -- Connecticut lawmakers are likely to head into a special session soon to deal with a two-year budget plan that already projects a $1.4 billion shortfall.

"It's very bad, and I think it's going to get worse," Senate Republican leader Len Fasano told WCBS 880 Connecticut Bureau Chief Fran Schneidau.

Fasano said Republicans and Democrats are working not only to plug the hole, but to make meaningful changes to avoid such monstrous deficits in the future.

He noted that taxes are being raised again, adding that should not be the solution going forward. Without strucutral budget changes, he says, the confidence of Connecticut taxpayers will evaporate.

"I don't care how the Democrats spin it, I don't care what they say, but we are not going to be complicit in fixing a budget hole without looking at future years," Fasano said.

Changes to the budge require an agreement between both parties and Gov. Dannel Malloy.