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CT budget again faces red ink as federal grants, gaming revenues shrink

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Despite a small bump upward in state tax receipts, new cracks in state finances surfaced Monday that could contribute to a budget deficit forecast by week’s end. A joint report by nonpartisan analysts and by Gov. Dannel P. Malloy’s administration projects total revenues will fall about $59 million below the level built into this year’s budget. (Photo: Benjamin Barnes, state budget director)

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