Yep, now its official, Connecticut is in a budget deficit. Of course, if they had acknowledged factoring unfunded pension liabilities all along, Connecticut has been operating with a budget deficit for years. But details are something Hartford’s government flunkies don’t do all that well. The local impact of the red state phenom below:
The rapidly changing budget landscape has left many local lawmakers frustrated.
State Rep. Christopher Perone, D-Norwalk, had been pushing for the elimination of the annual $250 business entity tax to give small firms a break in a tough economy.
“It doesn’t look good for that,” he said.
