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The CT Mirror: Growing surplus giveth, taketh away
Excerpts taken from Keith Phaneuf's June 23rd article
"...General Fund revenues, excluding federal aid, are less than $320 million ahead of last fiscal year's pace, despite just over $950 million in tax and fee hikes.
Rep. Vincent J. Candelora of North Branford, the ranking Republican representative on the Finance, Revenue and Bonding committee, said the new budget - which Republicans unanimously opposed in both chambers - was built on contradictory assumptions. And Williams and Rell, he added, are conveniently forgetting the $100 million hole that the new $104 million in surplus growth effectively creates.
'This is about perception and deception,' Candelora said, accusing Williams of election-year posturing. 'It's about intentionally trying to deceive the public so they perceive we are balancing the budget and doing our job. Come January 2011, everybody is going to be faced with a cold dose of reality.'"
To read the entire article, follow this link to the CT Mirror's website. 
