State of Connecticut secondary Archives: on Budget & Economy
Bob Stefanowski:
Smart, responsible fiscal reform will turn around economy
Dan Malloy and the liberal politicians in Hartford have ruined our economy. We don't need any more liberal taxes and crippling regulations.
We need smart and responsible fiscal reform! #CTPolitics
Source: Twitter posting on 2018 Connecticut gubernatorial race
Jun 3, 2018
Bob Stefanowski:
Take a holistic approach to modernize infrastructure
I'm going to make sure every penny intended for the Special Transportation Fund is used to improve our transportation and infrastructure. We need to hold true to the promise to taxpayers that we're going to spend transportation funds on infrastructure,
not salary costs and fringe benefits that were moved into the STF to hide those costs from the public. We must prioritize projects based on imminent needs and take a holistic approach to modernize infrastructure in a new commuter environment.
Source: 2022 Connecticut BobForGovernor.com campaign website
Apr 21, 2022
Christopher Shays:
OpEd: Spent $200M on "Bridge to Nowhere"
Shays questioned McMahon's conservative credentials in light of her big spending, $50 million, during her 2010 Senate race. McMahon chided Shays for voting for earmarks like the notorious Alaska bridge project. "$50 million pales in comparison to
the 'bridge to nowhere' that you voted on as a congressman for $200 million," McMahon said, continuing, "You voted to raise the debt ceiling 8 times. You voted to raise the tax on gasoline. I don't think your record speaks to a conservative Republican."
Source: Connecticut Day on 2012 CT Senate GOP primary debate
Apr 19, 2012
Dan Carter:
Too much of our economy is controlled by federal government
Under the policies supported and advocated by Barack Obama, Dick Blumenthal and Dan Malloy, our economy is virtually at a dead stop. Wages are flat, we are not creating jobs to meet the demands of Americans who are ready willing and able to work, and
too much of our economy is controlled by the federal government. Through common sense tax policies, aimed at helping businesses of all size grows, we can unleash the power of American workers, entrepreneurs, inventors and business owners.
Source: 2016 Connecticut Senate campaign website CarterForSenate.com
Aug 8, 2016
Dan Malloy:
Vision for economic revival, not just recovery
Today, I am challenging the legislature and business leaders across the state to join me in committing to build nothing less than a full-scale economic revival. Not a recovery, a revival. When I speak of a vision for an economic revival, what do I see?
- I see a Connecticut in ten years that is a leader in bioscience and personalized medicine.
- I see a Connecticut that leads in precision manufacturing.
- I see a Connecticut that is home to a reinvigorated insurance industry, and I see a
Connecticut that is a Mecca for digital and sports entertainment.
- I see a Connecticut, ladies and gentlemen, where there are many, many jobs. New jobs. Thousands of new jobs. Blue collar jobs and white collar jobs.
- Jobs building new affordable
housing, jobs in agriculture, jobs in technology.
- Jobs that pay well & provide good benefits. Jobs that won't be shipped down south or sent overseas.
- Jobs that people will come to Connecticut to find, instead of leaving Connecticut to look for.
Source: Connecticut 2012 State of the State Address
Feb 8, 2012
David Walker:
2007: deficit spending saddles millennials with debts
Many people in the room know Walker was comptroller general of the U.S. between 1998 and 2008.
They've seen the 2007 segment on CBS's "60 Minutes," where he warned that the nation's deficit-spending would saddle millennials with crippling debts to pay the retirement entitlements of Baby Boomers.
They understand that Walker, a CPA with executive experience in the private sector, had 3,000 employees and a half-billion-dollar budget at the Government Accountability Office, under congressional control.
They remember the Wall Street Journal at the time called him a "Chicken Little" who called for higher taxes and a reduction in benefits.
Source: CT Post on 2018 Connecticut gubernatorial race
May 5, 2018
Heidi Heitkamp:
Quit playing blame game & pass Balanced Budget Amendment
Democrats are failing to slow the nation's growing $16 trillion debt because they won't agree on budget and tax reforms in the Senate, Berg said. Berg said a new, comprehensive federal budget was the best strategy for reining in the growth of the
nation's budget deficits, and that the Democratic-controlled Senate has not approved one in more than three years. "If we're going to solve a family problem, or a small-business problem, the first step is, you need a budget," Berg said. "We need a budget
that comes to closure, so people can see we're going to balance it."
Heitkamp praised a budget plan she said was put forward by Sen. Tom Coburn, a conservative Republican from Oklahoma. She also backs a balanced budget amendment to the US
Constitution, she said. "I think the path forward is, quit playing the blame game. I think it's atrocious we don't have a budget, but I think that the reason why we don't have a budget is because both political parties refuse to solve the problem."
Source: Connecticut Post on 2012 N.D. Senate debate
Oct 25, 2012
Jack Orchulli:
Enforce the constitutional spending CAP backed by facts
They proclaimed with fanfare a $300 Million budget surplus for fiscal 2010. Instead, I would have said that, with $ Billions of extraordinary funds received and only $300 Million left, the fiscal 2010 results are a disaster and are of major concern!
Their rose colored, self-serving proclamation evaporates when the unvarnished facts are known about the 2010 budget:- Nearly $1 Billion was borrowed
- The $1.3 Billion "rainy day" fund was taken and spent
- $100 Million due the pension fund was
deferred to the future
- Hundreds of $ Millions was received from the Feds' stimulus fund
- Hundreds of $ Millions more was taken from Taxpayers in new taxes
I will sound the alarm to enforce the constitutional spending CAP: it's time to put an
end to deceptively bad practices:- "Emergencies" declared in order to spend $ Billions beyond the CAP
- Moving operating expenses to debt financing, exempt from the CAP
- Using non-appropriated spending tactics, now in the $ Billions
Source: Connecticut 2010 Senate campaign website WeBackJack2010.com
Nov 1, 2010
Joe Visconti:
Unfunded liabilities crush our financial plans
As our annual billion dollar deficits spiral out of control, regulations continue to strangle businesses, unfunded liabilities crush our financial plans and destroy our credit, Connecticut must become Republican or cease to be solvent.
Located between thriving New York City and bustling Boston, Connecticut could have the best of both. We must elect a Republican Governor and legislature to usher in a new era of smart, effective, affordable, and responsible government.
Source: 2018 Connecticut Governor website JoeViscontiCT.com
Aug 17, 2017
Leora Levy:
Capitalism is the greatest system ever devised
Levy went on to praise our capitalist economy and blasted Blumenthal for attending Communist Party events. "There's never been a system like capitalism that has brought more prosperity to each individual and to our society.
It is the greatest system ever devised and Blumenthal has aligned himself not only with the progressives, but he actually goes to the Communist Party, he's been going for years," she said.
Source: Breitbart blog on 2022 Connecticut Senate race
Aug 6, 2022
Maggie Hassan:
Invest to keep economy moving forward post-Recession
We are out from under the greatest burdens of the recession. Now, we must keep our state and our economy moving forward, and for New Hampshire, the best way forward is always through.That starts with advancing the priorities that support innovative
economic growth and help businesses create good jobs, the kind of jobs that will strengthen and grow our middle class.
To build an even stronger workforce, we must keep more of our young people here in New Hampshire. We took an important step in that
effort working together through the budget. We restored higher education funding and made it possible for our universities and community colleges to freeze in-state tuition.
With bipartisan support, we increased funding for travel and tourism
promotion, we put in place our first permanent director of economic development since 2008, we modernized our corporations act, and we doubled and made permanent our research and development tax credit.
Source: 2014 State of the State address to Connecticut legislature
Feb 6, 2014
Matthew Corey:
Washington's unbalanced budget affects all states
The $20 trillion in debt that we face is stifling job growth. The failure in Washington to pass a balanced budget is hindering our ability to grow the economy. With the right tax policy we can bring technology companies to invest in this country & state.
We have to create a pathway for the next generation to bring new innovation to help America be the leader in the 21st Century. The harmful regulations that cost businesses millions of dollars that could be used for job growth and research.
Source: 2018 Connecticut Senate campaign website CoreyForSenate.com
Dec 12, 2017
Matthew Corey:
Wasteful spending and regulations crippling jobs
We need to decrease federal spending on wasteful projects and increase private sector investment through tax reform. Federal mandates and burdensome regulations are destroying job growth. We need a sound energy policy so companies can compete in a
global economy. We need to invest in the next generation who will have the answers to lead this nation in becoming a clean energy country. We need corporate tax reform to bring back the trillions of dollars overseas. We need to stop crony capitalism.
Source: 2018 Connecticut Senate campaign website CoreyForSenate.com
Dec 12, 2017
Ned Lamont:
No more funny math in budget; balanced for future
Let's fix this damn budget, once and for all! In six weeks, I will present to you a budget which is in balance not just for a year, but for the foreseeable future; so that mayors and first selectmen, business and labor leaders, teachers and police
officers know what to expect. However, I want to be clear--no more funny math or budgetary gamesmanship. Don't tell me some consultant says there are $1 billion in easy spending cuts; show me the money or I will show you the door.
Source: 2019 State of the State address to Connecticut legislature
Jan 9, 2019
Ned Lamont:
$30M in COVID relief to restaurants, hospitality industry
Gov. Ned Lamont unveiled a plan his administration says will offer $30 million in relief funds to restaurants and other hospitality businesses impacted by the pandemic. "So many locally owned
small businesses in the hospitality sector are continuing to recover from the pandemic, and any bit of relief that can be provided will help support them and their workers," Lamont said in a statement.
Source: Stamford Advocate on 2022 Connecticut Gubernatorial race
Aug 8, 2022
Rick Berg:
We need a budget that comes to closure, and reins in deficit
Democrats are failing to slow the nation's growing $16 trillion debt because they won't agree on budget and tax reforms in the Senate, Berg said. Berg said a new, comprehensive federal budget was the best strategy for reining in the growth of the
nation's budget deficits, and that the Democratic-controlled Senate has not approved one in more than three years. "If we're going to solve a family problem, or a small-business problem, the first step is, you need a budget," Berg said. "We need a budget
that comes to closure, so people can see we're going to balance it."
Heitkamp praised a budget plan she said was put forward by Sen. Tom Coburn, a conservative Republican from Oklahoma. She also backs a balanced budget amendment to the US
Constitution, she said. "I think the path forward is, quit playing the blame game. I think it's atrocious we don't have a budget, but I think that the reason why we don't have a budget is because both political parties refuse to solve the problem."
Source: Connecticut Post on 2012 N.D. Senate debate
Oct 25, 2012
Themis Klarides:
Democrats coming to pick you pocket instead of spending cuts
There is a looming $2.5 billion deficit projected in the next two fiscal years that the Democrats ignored just long enough to hide their tax schemes until after Election Day. Spending cuts? Not in their playbook.
Now that they have cemented their majorities in the legislature, the Democrats are coming to pick your pocket--with such alarming speed they caught their very own Gov. Ned Lamont off guard.
Source: CT Post on 2022 Connecticut Senate race
Jan 28, 2021
Tom Foley:
AdWatch: Malloy's policies drive jobs out of state
[Foley's TV ad is running in NYC] on Fox News Channel NY and NY1, but it is unlikely to make an impression--beyond generating stories like this one. The ad buy was minimal, a few thousand dollars. "This is definitely not a huge buy," Foley said,
laughing. "This is about as small a buy as you can have and still be a buy."Foley said he was trying to have some fun making a serious point about Connecticut's economic competitiveness under Malloy.
The governor always is quick to note that this state's tax rate is attractive compared to NY and NJ, but Foley said it could be a lot better. "I was just trying to make the point that while
Gov. Malloy and his policies are driving jobs and young people out of the state, here you have a neighboring city where the same thing is about to happen," Foley said.
Source: Connecticut Mirror AdWatch on 2014 Connecticut Governor race
Nov 11, 2013
Tom Foley:
Tax credits are spending; oppose $400M job expansion credits
Tom Foley and John McKinney traded barbs in a lively debate Sunday. McKinney, the state's minority Senate leader, voted for an increase in cigarette taxes to fund tax credits to support the state's film and television industry, and supported increases in
taxes on petroleum to pay for new Metro North railcars. "It's called leadership," McKinney said."Raising taxes is leadership? That's how you would lead as governor?" Foley said. McKinney supported a bill that allowed United Technologies Corp. to use
$400 million in unused tax credits in exchange for guarantees that the company would expand and hire more workers. Foley opposes the deal and says the package increases state spending. "John is using career-politician talk.
He is saying tax credits are OK," Foley said. "Tax credits are spending."
"Tom, it's not spending not to tax someone," McKinney said. "Now you are talking like a Democrat."
Source: Wall Street Journal on 2014 Connecticut gubernatorial debate
Aug 10, 2014
Ned Lamont:
Small business boost fund invested in over 100 new companies
Our small business boost fund has invested in over 100 new and expanding companies, and most of these companies are led by women and entrepreneurs of color. I spent 30 years in business, and I see opportunity through the lens of starting small
businesses & helping them grow. But innovation doesn't begin and end in the private sector. I want all of our state employees to be empowered to innovate as well. We rely too much on subsidies instead of innovation to provide better service at less cost.
Source: 2023 State of the State Address to Connecticut legislature
Jan 4, 2023
Page last updated: Feb 18, 2023