NOW..THE LATEST ON THE STATE BUDGET MESS.WE ALREADY KNOW THE STATE IS BILLIONS IN THE RED FOR THE NEXT TWO YEARS.. BUT RIGHT NOW..THE GOVERNOR…. AND LAWMAKERS ARE TRYING TO FIGURE OUT HOW TO COME UP WITH ENOUGH MONEY….TO MAKE IT TO THE END OF JUNE.THE GOVENROR SAYS HE HAS A PLAN..THAT WILL MEAN CUTS TO CITIES AND TOWNS…AND SOME OTHER CUTBACKS.NEWS EIGHT’S BOB WILSON HAS BEEN WATCHING THE RED INK BATTLE..HE’S LIVE IN THE CAPITOL CITY WITH THE LATEST BAD NEWS…BOB… 3 SO WHILE LAWMAKERS AND THE GOVERNOR ARE LOOKING AT SOLVING A $5 BILLION DEFICIT OVER THE NEXT TWO YEARS, RIGHT NOW THEY’RE SHORT ALMOST $400 MILLION BETWEEN NOW AND JULY 1. SO THE GOVERNOR TOOK SOME DRASTIC MEASURES TO GET US THROUGH THE NEXT SIX WEEKS. 3 AS LAWMAKERS CHEW THROUGH BUDGET SAVING IDEAS AT THE CAPITAL, THE GOVERNOR HAS LAID OUT A PLAN TO COVER THE 390 MILLION SHORTFALL IN THE NEXT SIX WEEKS. EMPTYING THE RAINY DAY FUND, 235 MILLION TAKING 19 MILLION IN MUNICIPAL AID, FROM THE PEQUOT FUND FROM THE CASINOS. IT MEANS THE TOWNS WON’T GET THEIR EXPECTED CHECKS NEXT MONTH. 21 MILLION IN CUTS TO THE STATE JUDICIAL DEPARTMENT, AND 99 MILLION IN “REVENUE TRANSFERS” THATS SWEEPING ALL ACCOUNTS ACROSS STATE GOVERNMENT AGENCIES FUNDING FOR THE REMAINDER OF THIS YEAR. BUT WITH CITIES AND TOWNS IN THEIR OWN FINANCIAL STRAITS, THAT $21 MILLION IN UNEXPECTED CUTS WILL HURT FURTHER APPLYING PRESSURE ON PROPERTY TAXES. KEVIN MALONEY CONNECTICUT CONFERENCE OF MUNICIPALITIESBITE 4″THE PROPERTY TAXES ARE BY FAR THE LARGEST AND MOST AGGRESSIVE OF TAXES IN CONNECTICUT. AND PUSHING THE STATE BUDGET PROBLEMS ONTO THE PROPERTY TAX PAYERS IS NOT GOING TO BE THE WAY THAT WE MAKE CONNECTICUT GROW ECONOMICALLY.” REP. TONI WALKER(D) NEW HAVENBITE 5RIGHT NOW IT IS GOING TO BE VERY DIFFICULT ESPECIALLY THE PEQUOT FUND, BUT WE HAVE TO DO IT NO MATTER WHAT WE HAVE TO CLOSE OUT 17. STAND UP”SO I ASKED SENATOR DAVE YACCARINO FROM NORTH HAVEN WHAT HE THINKS ABOUT THE GOVERNOR’S PLAN, HE SAYS HE’S TAKING A PAGE OUT OF GINO AURIEMMA’S PLAYBOOK. GINO LAST COUPLE OF DAYS HAS ADDRESSED POLITICS SAYING EVERYBODY HAS TO WORK TOGETHER LIKE A TEAM HE WANTS LAWMAKERS TO GET TOGETHER AND FIGURE THIS OUT” DAVE YACCARINO (R)NORTH HAVENBITE 3″YOU HAVE TO WORK AS A TEAM, IT IS NOT ME IT IS NOT YOU AND WITH GINO SAID WAS THAT WHEN YOU WERE BORN INTO A FAMILY YOU WERE BORN INTO A TEAM AND WE ARE ALL TEAMMATES IN CONNECTICUT AND WE BETTER START ACTING LIKE A TEAM TO DO WHAT IS RIGHT FOR THE WHOLE FAMILY OF CONNECTICUT RESIDENTS.” SO WITH LAWMAKERS AND THE GOVERNOR LOOK AT WAYS TO SAVE MONEY, THEY’RE ALSO LOOKING AT WAYS TO GENERATE REVENUE. BITE 5″IT IS BECAUSE WE ARE WE ARE TAKING IT LIGHTLY, OH LET’S JUST RAISE TAXES, WE ARE LOOKING AT THINGS THAT WE HAVE NOT INCREASED FEES ON OR THINGS WE HAVEN’T DONE IN A LONG TIME.” 3 PARTS OF THE GOVERNORS PLAN WILL HAVE TO BE APPROVED BY