Sen. Fasano says Malloy manipulated books to show budget surplus [Audio]

July 23, 2014

Senator Fasano talks with Dan Lovallo

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Connecticut Sen. Len Fasano, R-34, Senate Minority Pro Tempore, is accusing Gov. Dannel P. Malloy of playing gimmicks with the budget so the first-term Democrat can go on the campaign trail and proclaim a surplus.

When I asked him on the latest CTTalking Podcast whether the governor manipulated the books, Sen. Fasano answered, “Correct. What he’s done is try to show the books that there is a surplus so he can talk about it on the campaign trail, when he knows that people who know the budget know what he did to create this surplus is all penmanship.

“It’s all moving stuff that we pay out of our expenses to bonding. Taking one-time revenues, taking money from the transportation system, where we pay all our gas taxes and moving that into our general fund, so we have more money in there. It’s a game.”

The senator believes reality will hit after the election, when the next governor, even if its Malloy, is faced with a $3 billion deficit.