Public Hearing on Constitutional Spending Cap

If you are concerned about Connecticut’s runaway state spending, this is your chance to speak up!

On Monday, April 18, the Spending Cap Commission will hold a public hearing starting at 1:30 p.m. to discuss the state’s constitutional spending cap.

In 1992, an overwhelming majority of voters approved a constitutional amendment that enshrined a spending cap in the state’s constitution. The cap was part of the deal lawmakers made with state residents with they implemented an income tax.

But – after 24 years – the spending cap still has not been fully implemented. This is because lawmakers have failed to do their due diligence and define key terms in the spending cap definition.

The cap was supposed to keep a lid on state spending – and it did, when lawmakers stuck to it.

But many state lawmakers have moved money out and around the cap several times in order to increase state spending above and beyond what the cap would allow. That happened again last year, when lawmakers removed payments to the state’s pension fund from the spending cap calculation.

Where has this left us? Overtaxed and overspent.

Things will only change if people like you demand that they change. Here is your chance. Contact your representative or make your voice heard the hearing!

Here are the details for the hearing:

Spending Cap Commission Public Hearing
Monday, April 18, 1:30 p.m.
Legislative Office Building, Hartford
Room 1E

Yankee Institute Statement: Gov. Lamont must bring SEBAC to the negotiating table

“In light of the horrifying projected budget deficits revealed this morning and Connecticut’s long-term structural imbalance, the only responsible course is for Gov. Lamont to seek to reopen Connecticut’s existing contract with the State Employees Bargaining Agent Coalition (SEBAC). State employee pay, healthcare, pensions and retiree healthcare costs represent a ...

Read More

Connecticut’s COVID budget deficit is $1 billion this year; next year will be much worse

Budget numbers released by the Office of Fiscal Analysis show Connecticut’s budget deficit this year grew to over $1 billion, an increase of more than $687 million over the previous estimate. Gov. Ned Lamont had said this year’s deficit would be roughly $500 million, with next year’s deficit reaching $1.5 ...

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *