In CT, many core services erode as pensions get money courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.
Many core services are eroding as money goes to pensions hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.
By Keith M. Phaneuf // CTMirror.org
• Jan 11, 2021 JOE RAEDLE / Getty Images
The pandemic-induced recession has left Connecticut legislators with one of their tightest credit card limits in recent history less than one-seventh their 2020 level.
But it remains to be seen whether they’ll accept that or challenge both Gov. Ned Lamont and Wall Street to borrow more to assist colleges, businesses, municipalities and social services.
“I supported the ‘debt diet’ during the beginning of the Lamont administration,” said Rep. Sean Scanlon, D-Guilford, new House chairman of the Finance, Revenue and Bonding Committee. “I thought that what the governor was doing basically pressing the pause button on bonding was a good thing. But I think the needs have changed.”
By Keith M. Phaneuf, CT Mirror
The pandemic-induced recession has left Connecticut legislators with one of their tightest credit card limits in recent history less than one-seventh their 2020 level.
But it remains to be seen whether they’ll accept that or challenge both Gov. Ned Lamont and Wall Street to borrow more to assist colleges, businesses, municipalities and social services.
“I supported the ‘debt diet’ during the beginning of the Lamont administration,” said Rep. Sean Scanlon, D-Guilford, new House chairman of the Finance, Revenue and Bonding Committee. “I thought that what the governor was doing basically pressing the pause button on bonding was a good thing. But I think the needs have changed.”