How much money do you think is okay to borrow from your children to pay for your retirement? Gov. Ned Lamont and the Democratically controlled Connecticut state legislature have decided $27 billion is an acceptable bill to hand to our children – that is billion with a “B.”
David Stemerman
Posted inCT Viewpoints
Time to confront Connecticut’s looming financial crisis
Here we go again. Less than a year after a record 123 days without a budget, the legislature careens towards yet another budget crisis with 11th-hour negotiations and no clear path forward for addressing Connecticut’s looming financial crisis. Regardless of this year’s “fix,” the next governor and legislature will face a gaping $5 billion hole for the next two years that threatens our families, our jobs, and our employers. Last year’s crisis gave us a preview of what is in store if we stay on the current path: cuts to towns for police; cuts to education for our children; and cuts to programs that support the most vulnerable in our state.