Washington – One of Rep. John Boehner’s final acts as Speaker of the House this week was to negotiate a budget deal with the White House that will help Connecticut’s defense industry by boosting Pentagon spending and save the state government about $65 million in health care expenses for low-income residents and state retirees.
Congress delayed for years the deadline for implementing a train safety system and passed a two-year budget that will help Connecticut defense contractors and Medicare recipients. Connecticut students received a mixed report card from the U.S. Department of Education, and whether Pratt & Whitney won a big engine contract remained a military secret.
One year after taking office, Gov. Dannel P. Malloy vowed to accelerate payments into the state’s cash-starved pension fund, much as a family might make extra mortgage payments now to lessen balloon payments looming in future years. This week, the governor dramatically altered that strategy.
To help our cities create jobs, Connecticut must reform property taxes. It’s no coincidence that unemployment is highest in our cities where property taxes are highest.