Governor Lamont is backing down from fiscal responsibility and putting Connecticut’s financial future at risk. His proposed budget weakens the very guardrails that have kept our state on stable footing, opening the door to reckless spending and long-term instability.
Here’s how he’s trying to sidestep these critical safeguards:
1️⃣ Reclassifying $300 million annually as “stable revenue” – This move would allow more money to be spent rather than saved. Undermining the very mechanism designed to prevent budget volatility.
2️⃣ Shifting surplus funds to bypass the spending cap – Lamont plans to move a portion of the state’s $443 million surplus into a special fund for early childhood care. While that may sound good, this maneuver would allow spending outside the constraints of the spending cap—setting a dangerous precedent for future budgets.
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