Governor Dannel Malloy wants to restart bipartisan budget talks with Connecticut legislative leaders.
The Democrat has said Connecticut must change its way make the state's budget more predictable and sustainable.It's unclear whether this latest effort to come up with a plan that Democrats and Republicans can agree on will actually bear fruit. The two parties failed to reach an agreement months ago when they met to solve a $350 million deficit that developed in the current $20 billion fiscal year budget.
The new fiscal year is projected to have a $560 million shortfall. Larger deficits are predicted in the following two years.
The closed-door talks are likely to begin Tuesday. They come as the General Assembly's Appropriations Committee holds hearings on Malloy's proposed $19.8 billion budget proposal.
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