Rep. Lavielle on the 2020-2021 Budget: Lifting the Veil
Posted on June 5, 2019 by admin
CT State Rep. Gail Lavielle (R-Wilton), Ranking Member of the Appropriations Committee, breaks down the 2020-2021 state budget passed on June 3 by majority House Democrats. The two-year spending and revenue plan passed 86-65 in the House without a single Republican vote.
The new budget increases spending by 5.3%, increases taxes by $1.75 billion over the biennium, and adds $16 billion in debt payments that will fall on the shoulders of future generations (i.e. your children, grandchildren, and great-grandchildren). All of this refinancing and new taxes will enable the state to provide lavish raises, bonuses and fringe benefits for public employees – luxuries their private sector counterparts, who are paying for them, will never see.
The budget also includes funds for two initiatives the majority has approved: an increase of $15 in the minimum wage, which will continue to increase every year once that threshold is reached, and a 0.5 percent payroll tax on employees’ gross income to fund a state-run paid family leave program that will cost $20 million each year to run. These two initiatives, while well-intentioned, add to the multiple costly mandates that are making it harder and harder for businesses to operate in Connecticut and are forcing many to move elsewhere.
Connecticut deserves a budget that reduces spending, taxing, and borrowing, and addresses its long-term, persistent fiscal issues. Unfortunately, this budget does not.