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New England News
Wed November 28, 2012
Gov. Malloy Announces $170 in Conn. Budget Cuts
Gov. Dannel P. Malloy is unveiling $170 million in spending reductions across state agencies, the first part of a plan to close Connecticut's current $365 million budget shortfall.
The Democrat released the list Wednesday. It includes nearly $161 million worth of reductions to executive branch agencies that range from a $33,957 cut to the governor's office to a $32.2 million reduction at the Department of Social Services.
Malloy has the statutory authority to rescind up to five percent of any budget line and three percent of any fund without legislative approval.
The governor's budget director, Ben Barnes, said legislative leaders have also agreed to $3 million in reductions while the Judicial Branch has agreed to $5.75 million.
A plan to address the remaining $195 million shortfall is expected next month.
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