Saturday, May 10, 2014

Malloy leaves Connecticut on automatic pilot to oblivion:The death spiral continues.

In effect the governor admits this. He says he doesn't care what the legislature's nonpartisan Office of Fiscal Analysis projects for a budget deficit next year because he won't raise taxes again; he'll just cut spending. In his first year in office he imposed what is now Connecticut's record tax increase, but just as with the record tax increase imposed under Gov. Lowell P. Weicker Jr. with the state income tax in 1991, nothing in state government's finances has been put right. Spending, uncontrolled and in some respects actually illegal to control, keeps running ahead of the tax increases.

A budget of pretense on the way to oblivion - Journal Inquirer: Chris Powell

No comments:

Post a Comment