Fasano Statement on OFA Deficit Projection

January 25, 2016

Office of Fiscal Analysis finds state $72.2 million in the red

HartfordSenate Minority Leader Len Fasano (R-North Haven) released the following statement regarding the Office of Fiscal Analysis’ new state budget deficit projections. The nonpartisan office has identified a $72.2 million deficit for the current fiscal year. Last week, the governor’s Office of Policy and Management (OPM) identified a deficit of only $7.1 million.

“Connecticut is moving in the wrong direction. Clearly we need to change the way our state budgets, because the system right now is failing in both the short and long term. It’s also unsettling to see such a huge discrepancy between an objective non-partisan office and the governor’s partisan staff. It raises questions that need to be answered. Given the history with our deficits, the governor’s Office of Policy and Management needs to specify in writing exactly why their projection is $65 million less than the Office of Fiscal Analysis. The nonpartisan office then needs to review the OPM explanation to tell the public what the real deficit is and whether they find the administration’s numbers achievable.”