State’s projected two-year budget deficit now at $2.5B

Go online to read OFA’s state budget projections for fiscal 2014-16 as well as a report by Moody’s Investors Service.

By JOHANNA SOMERS Day Staff Writer

The estimated budget deficit for the upcoming twoyear state budget jumped to $2.5 billion this week from $2.1 billion two months ago, according to the Office of Fiscal Analysis. “Even though the amount of the deficit isn’t as great as it was two years...

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