HARTFORD - State Comptroller Kevin Lembo said, with income tax payments due soon, the concern will be whether revenue projections might turn out to have been too high, meaning additional layoffs and other spending cuts might be necessary. He says he will know the answer in a couple of weeks. Al and Jenn talk with Lembo about the ramifications.
Connecticut Gov. Dan Malloy unveiled an updated budget recently that cut spending in an effort to cover next fiscal year's entire deficit, which has grown to as much as $922 million.
