Sunday, June 16, 2019

What's Another $460,000,000.00 For Connecticut Taxpayers?

What is $460,000,000.00 for Connecticut Taxpayers?  In the excesses of a $43,200,000,000.00 bloated new Connecticut state budget that is filled with political fat and nepotism not much.
For the $460,000,000.00 is the "supposed savings" that has yet to have been agreed upon by the state labor unions but yet has been included as a line item in the budget.
Therefore the state budget is already out of balance because we as Connecticut taxpayers know there will never be any state labor savings anywhere near approaching $460,000,000.00.  And Connecticut Taxpayers will hear the familiar story in a few months that the budget is out-of-balance, we need higher taxes and to cut services for those who truly need it like the elderly and our special needs citizens of the state.  The pork will never be cut to balance the budget as that gravy train of political nepotism and patronage is the hallmark of the Connecticut Democrat Party. 
As an economist and a Connecticut Taxpayer how is it legal to create a budget that includes $460,000,000.00 of savings that has not even been accepted yet?  What is being cut to achieve this $460,000,000.00 of savings?  Over what time frame does this $460,000,000.00 take place in is it one month?  A year?  Twenty years? 
As a reminder to Governor Lamont and the Connecticut Democrat Party, Connecticut has a $100,000,000,000.00 short and long term debt along with unfunded liabilities.  This is a massive debt that has not been nor seems ever to be addressed by the Connecticut Democrat Party.  What is the plan to pay this off? 
The new state budget is out of balance.  It is a financial time bomb waiting to happen.  There never is thoughts of cutting spending or lowering taxes when budget time comes.
And the State Legislature has less than 24 hours to read and vote on the budget.  This is not fair to the Connecticut Taxpayers.  It is a sickening excess of political bias against the Connecticut Taxpayer.  it seems that the Connecticut Democrat Party despises the legal Connecticut Taxpayer.
Why? 

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