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Posted inCT Viewpoints

S.O.S. Save Connecticut from insolvency

It’s time we all acknowledge Connecticut’s grievous financial condition. It is not simply a matter of the legislature needing to confront budget deficits of $2 billion in 2019 and $2.6 billion in 2020. No – there is a far bigger problem; Connecticut is insolvent. Its debts are $70 billion bigger than its assets. This equates to $53,400 per taxpayer or $19,500 for each and every resident of the Nutmeg State.