Martin M Looney

Malloy, lawmakers to meet on how to fix budget deficit

Legislative leaders are planning to meet with Democratic Gov. Dannel P. Malloy to discuss how to handle a growing deficit in Connecticut's budget.

Democratic Senate President Martin Looney says legislative leaders are scheduled to meet Wednesday with Malloy.

State Comptroller Kevin Lembo, also a Democrat, says the state is projected to end the current fiscal year with a $207.8 million deficit, which is more than 1 percent of the net appropriations in the state's main spending account.

That's the threshold requiring Malloy to present a deficit-cutting plan to the General Assembly.

Senate Republican Leader Len Fasano says he hopes Malloy "remembers the...