State budget deficit now a surplus
By ConnPolitics.tv Staff on May 3, 2010 | In News, State Budget, Comptroller | 11 feedbacks »
Hartford (WTNH) – The comptroller says the state has moved from a $500 million deficit to a $105 million surplus for the 2010 budget year.
State Comptroller Nancy Wyman credits a recent upswing in jobs, income tax revenues and the deficit-mitigation plan passed by the General Assembly for the turnaround.
“This surplus is mainly produced by federal stimulus dollars, deferral of payments to the pension fund and one-time transfers of money from accounts including the Rainy Day Fund,” Wyman said in a written statement.
But Wyman warns that Connecticut is not in the clear. The 2011 budget is estimated to be $700 million in the red.
11 comments
Comment from: Terry [Visitor]
Are you kidding me??? It's time to vote out all the incumbent morons in Hartford. This is called budgeting? Slight of hand is more like it. Upswing in jobs? Where is this happening? More state employees being hired? Waterbury just made Forbes top ten list with the worst job climate in the COUNTRY!!
05/03/10 @ 16:41
Comment from: liberalsmust go [Visitor]
Anything to make The Democrats look good a few weeks before their convention and in an election year.
Don't be fooled by this slight of hand and i am sure the liberals have more tricks up their sleeve like raising gas prices and then they mysteriously come down a few weeks before election day.
Only in Connecticut and on Obama's watch.
Don't be fooled by this slight of hand and i am sure the liberals have more tricks up their sleeve like raising gas prices and then they mysteriously come down a few weeks before election day.
Only in Connecticut and on Obama's watch.
05/03/10 @ 16:52
Comment from: Wow [Visitor]
How does this happen ? Is Jodi REll trying to make republicans look good ? Are Dems trying to say we run both house and senate ? WTF gives ? Why not put the 100M you owe the pension fund in there now ? I guess the 750M the state workers gave up in concessions helped ---now stop messing with US !!!
05/03/10 @ 17:11
Comment from: Hosed by the system [Visitor]
"" State Comptroller Nancy Wyman credits a recent upswing in jobs, income tax revenues and the deficit-mitigation plan passed by the General Assembly for the turnaround....""
What a crock of friggin CRAP.........
"" “This surplus is mainly produced by federal stimulus dollars, deferral of payments to the pension fund and one-time transfers of money from accounts including the Rainy Day Fund,” Wyman said in a written statement.....""
This is all phony BS............ as with this states government......
ANY ass-hole can manipulate figures.and these A'holes...have....
ANYBODY that believes ANY part of this story is an idiot................
What a crock of friggin CRAP.........
"" “This surplus is mainly produced by federal stimulus dollars, deferral of payments to the pension fund and one-time transfers of money from accounts including the Rainy Day Fund,” Wyman said in a written statement.....""
This is all phony BS............ as with this states government......
ANY ass-hole can manipulate figures.and these A'holes...have....
ANYBODY that believes ANY part of this story is an idiot................
05/03/10 @ 17:59
Comment from: Visitor2 [Visitor]
The democrats have their magican caps on again......
Let's vote them out in 2010 and 2012!
Let's vote them out in 2010 and 2012!
05/03/10 @ 18:10
Comment from: republicrat [Visitor]
Please. What bull. Surplus? If that's the case then by November, the state will be back in a hole with wanton spending.
05/03/10 @ 19:35
Comment from: Len Roberts [Visitor] · http://novakforcongress.org
They all should be ashamed of themsleves. Who do they think they are kidding ? gheesh we are supposed to belive this crap? What a joke.
"Dump Himes"
"Dump Himes"
05/04/10 @ 09:50
Comment from: Get Real [Visitor]
I had a similar surplus in one of my checking accounts this month - my mortgage payment did not go thru!
Same thing here, defered payments simply mean not paying the bills when they are due which then means more obligations for the next budget cycle, this month I must make 2 mortgage payments.... If I partied with my surplus due to the "defered mortgage payment" well then I'd really have some problems.
Same thing here, defered payments simply mean not paying the bills when they are due which then means more obligations for the next budget cycle, this month I must make 2 mortgage payments.... If I partied with my surplus due to the "defered mortgage payment" well then I'd really have some problems.
05/04/10 @ 10:09
Comment from: Steve [Visitor] · http://www.paratrooper.net
Unbelievable... yeah... not much faith here in our elected officials or their BS rhetoric.
05/04/10 @ 11:13
Comment from: kfc [Visitor]
Maybe they are counting on that hidden tax in our electric bills to give us a surplus LOL!
05/04/10 @ 14:39
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