EconomyFinding
Connecticut should extend its budget spending and borrowing limits after they expire in 2028.
Connecticut's fiscal guardrails cap spending and borrowing and send surplus revenue to reserves and pension debt. The current rules are set to expire after 2028 unless extended.
Ned Lamont
I continue to be a strong believer in the spending cap, which simply restates the obvious: you can't spend more than you earn.
- Verification
- Quote found on the cited page by an independent check.
- Confidence
- Medium (0.75)
- Review
- Not yet reviewed by a person.