Speaking before a joint session of the Connecticut General Assembly, the governor recently announced his proposed budget for the next two years. After reviewing this proposal, many groups expressed concerns over various aspects of the budget, including taxes, health care, municipal aid and more. This week, I would like to share my take on the governor’s proposal and how you can impact the budget process over the next several months.
In total, the governor’s budget proposal will cost more than $43 billion. While the governor previously claimed that he would cut spending, this budget proposal increases spending by nearly 10% or about $1.8 billion over the next two years. A major concern in this budget is the reliance on a one time revenue source by borrowing $750 million simply to pay the state’s operating expenses.