Capitol Report: Budget deficit balloons as Medicare Savings Program cuts postponed

(WTNH)–The budget deficit continues to swell like ‘Capitol Report‘ host Tom Dudchik’s waistline over the holiday season. There is still no permanent fix regarding the Medicare Savings Program.

Related Content: Lawmakers likely to vote in 2018 on fix to Medicare program

News 8 Chief Political Correspondent Mark Davis joined the show to discuss when lawmakers will come back to address the plan, and what they’re going to do about it.

“They’ve had a plan to move money around, about $54 million, so that the Medicare Savings Plan that so many seniors and the disabled depend on, would be funded through June 30, and then they would worry about the second year later,” Davis said. “But the budget deficit has ballooned because they postponed the start of that cut to March 1.”

Related Content: New estimate sees rising state budget deficit for Connecticut

Watch the video above for Mark’s analysis from ‘Inside the Capitol.’

WTNH NEWS8 provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Also, you can now block any inappropriate user by simple selecting the drop down menu on the right of any comment and selection "Block User" from there.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s