With state finances deep in debt, House Democrats want to increase borrowing to take advantage of low interest rates.
debt diet
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Pandemic restricts Connecticut’s credit card; planned projects would shatter it by $2B
More than $2 billion in planned projects might have to be suspended to keep state borrowing under a tight cap.
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Legislators to break Lamont’s ‘debt diet’ by more than $1B
Lawmakers are expected to approve a two-year, $4.7 billion bond package Wednesday that shatters the governer’s “debt diet.”
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Democrats: GOP has a healthy appetite for borrowing too
Republican leaders may be on the governor’s “debt diet,” but rank-and-file GOP lawmakers are bypassing the proverbial salad bar.
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Lamont’s family fight with Dems over borrowing priorities
On this issue, Republicans are ready to back the Democratic governor.
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Lamont, Democrats struggling to reach deal on new bonding plan
Gov. Ned Lamont and his fellow Democrats are sparring once again over Connecticut’s credit card.
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Lamont would ease ‘debt diet’ in final push for tolls
The governor is asking fellow Democrats to consider a scaled-back proposal that only would place tolls only in strategic locations.
Posted inPolitics
Fonfara rebels at Lamont’s ‘debt diet’
With a proposal for lawmakers to seize control of the state’s credit card, a state senator is calling the governor’s “debt diet” unpalatable.
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Lamont’s ‘debt diet’ hits an already lean nonprofit safety net
Gov. Ned Lamont’s proposed “debt diet” would suspend a key grant program that helps nonprofit agencies make building repairs, upgrade information technology, purchase new equipment and meet other capital needs.
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Progressives ready to battle Connecticut’s rich over taxes
A major liberal block in the House of Representatives warned Thursday it favors raising income taxes on rich households, staunchly opposes repeal the estate tax, and fears Gov. Ned Lamont’s budget could shift burdens onto the middle class.