City | 4:29 pm | December 5, 2012 | By Michelle Hackman

State budget deficit grows to $415 million

Connecticut Gov. Dannel Malloy

State Comptroller Kevin Lembo increased the state budget deficit estimate to $415 million on Monday in his monthly letter to Connecticut Gov. Dannel Malloy, marking an even larger deficit estimate than previously reported. In his last monthly report issued on Nov. 1, the comptroller estimated that the state was short $60 million. But, by mid-November, Malloy’s Budget »