Spending cutbacks necessary to deal with lack of state funds PDF Print E-mail

The Daily Campus

Arragon Perrone

Wednesday, March 31, 2010


The hard economic times have not been kind to Connecticut.  Since March 2008, the state has lost more than 100,000 jobs and seen its budget plummet into the red. The projected budget deficit for this fiscal year currently stands at approximately $350 million. If conditions do not improve, the deficit will skyrocket to $700 million in 2011 and $3 billion in 2012, when the state’s “rainy day” fund is exhausted.

Instead of seeking active solutions to Connecticut’s real economic problems, the state legislature has decided to pass its financial woes onto already struggling state institutions. One of the legislature’s victims is the University of Connecticut.


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