By Keith M. Phaneuf, CT Mirror
The pandemic-induced recession has left Connecticut legislators with one of their tightest credit card limits in recent history less than one-seventh their 2020 level.
But it remains to be seen whether they’ll accept that or challenge both Gov. Ned Lamont and Wall Street to borrow more to assist colleges, businesses, municipalities and social services.
“I supported the ‘debt diet’ during the beginning of the Lamont administration,” said Rep. Sean Scanlon, D-Guilford, new House chairman of the Finance, Revenue and Bonding Committee. “I thought that what the governor was doing basically pressing the pause button on bonding was a good thing. But I think the needs have changed.”