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Budget Caps in Crisis | Hartford News

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Ryan Fazio is blasting Governor Ned Lamont for allegedly dismantling Connecticut’s hard-won budget caps, claiming Lamont’s fiscal maneuvers have left the state financially unstable. But the reality is messier: Lamont and lawmakers have repeatedly skirted the cap using off-budget funds, spending over $1.2 billion beyond limits while underestimating Medicaid and benefit costs. Lamont counters that his strategy has boosted savings, accelerated pension payments, and offset federal cuts — all while investing in childcare and local communities. Meanwhile, Republicans haven’t offered their own solutions, despite criticizing how surplus funds are being redirected to cover shortfalls instead of tackling pension debt. The original budget guardrails created surpluses thanks largely to pandemic relief — now spent — leaving Connecticut vulnerable as it faces rising costs without that cushion.

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Budget Caps in Crisis | Hartford News

Hartford News Today | 2 Min News | The Daily News Now!

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