FOR IMMEDIATE RELEASE
Contact: Adam Temple
Malloy’s Bad Deal Imperils Connecticut’s Fiscal Health and Economy
WASHINGTON, D.C. (August 1, 2017) — Hours before Connecticut’s Lt. Governor Nancy Wyman cast the tie-breaking vote in the state senate yesterday, three so-called “fiscal conservative” Democrats – Sens. Joan Hartley of Waterbury, Paul Doyle of Wethersfield and Gayle Slossberg of Milford – hemmed and hawed before kowtowing to union bosses and voting for this sweetheart deal.
“Slossberg, Doyle, and Hartley showed themselves to be poor stewards of Connecticut taxpayers’ dollars and beholden to the union bosses’ interests,” said Matt Walter, executive director of the State Government Leadership Foundation (SGLF), which opposed the ratification of the union contracts.
The backroom deal inked by Governor Dan Malloy with his government union allies prevents the state from living within its means. Worse, it ties the hands of future governors and state legislators from enacting meaningful reforms for a decade.
Instead, it will mortgage the future of the state’s economy and force the state to further dip into the pockets of its beleaguered taxpayers.
“This agreement only papers over a fraction of the $5 billion two-year deficit Malloy and the state liberals have run up. By accepting this bad deal, state lawmakers will have to hike taxes on working families and small businesses and cut essential services like road repairs and school funding to keep the unions happy. It’s a shame,” Walter continued.
Increasing the tax burden on workers and small businesses, like the unions propose, will only accelerate the death spiral of workers and businesses running for the exits, further shrinking the state’s tax base and revenue sources.
Almost 40% of state spending goes to personnel costs already. It is likely to climb dramatically under this bad deal.