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Lamont’s budget would borrow nearly $220 million to pay off borrowing Gov. Ned Lamont addressing the Connecticut legislature in 2019. During his first two years on the job, Gov. Ned Lamont rarely passed up an opportunity to decry Connecticut’s excessive borrowing while pitching a “debt diet” for state government. Yet the first budget Lamont signed delayed a plan to wean state government off a practice that many fiscal purists find disturbing: effectively borrowing more than $100 million annually to pay off other borrowing. And now, the Democratic governor wants to abandon that reform effort entirely. “As a Republican leader that cares about fiscal responsibility, I’m still searching for common ground with this governor,” said House Minority Leader Vincent J. Candelora, R-North Branford, who warned the governor’s proposal could jeopardize Connecticut’s reputation on Wall Street. “This reversal, I think, is not only bad for our [credit] rating agency outlook

United statesNed lamontJohn fonfaraDenisel nappierKosta diamantisRyan caron kingR north branfordVincentj candeloraDenise nappierBonding committeeSenate minority leader kevin kellyConnecticut public radioHouse minority leader vincentWall streetTreasurer denise nappierTreasurer denise