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Office of Fiscal Analysis Projects $4.3 Billion in Deficits Over Next Four Years

The legislature’s nonpartisan fiscal analysts projected the state will face $4.3 billion in budget deficits over the next four years. The Office of Fiscal Analysis estimates that the state is facing a $254.4 million budget deficit in 2016 and a $552 million deficit in 2017, but the deficit grows even further to $1.7 billion in 2018 and $1.8 billion in 2019.  The OFA's deficit projections are similar to those  of OPM.   Read the entire story at CT News Junkie

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