01 December 2018

• Commission on Connecticut Fiscal Stability Issues Second Bleak Assessment


“In a 32-page report, the commission sharpened a sprawling set of prescriptions initially issued on March 1, only to see its work attacked by labor and quickly shelved as a closely divided legislature turned to the short-term task of closing a deficit, balancing the state’s $20 billion budget, and campaigning for re-election…

“The commission says the state needs to shrink spending by $1 billion, while adding revenue by modernizing its system of taxation and tax collection — not by raising tax rates. The panel backed away from a previous call to curtail collective bargaining for public employees, instead suggesting Gov.-elect Ned Lamont seek voluntary concessions.”

Please visit this link to read the full article: ConnecticutMirror.org

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