Gov.- elect Ned Lamont and the incoming state legislature will face a bleak financial landscape as they work together to craft Connecticut’s budget for the next two fiscal years. Put bluntly, there are two ways to deal with our state’s severe fiscal shortfall: start making structural changes now to the way the state collects and spends money or use the “Rainy Day Fund” to kick the can down the road. We hope they will choose the more difficult path and tackle the systemic issues that have caused and exacerbate the problems we face.
