CBIA News Top Story - The economic and fiscal challenges facing Connecticut.

CBIA editor Bill DeRosa interviews Joe Brennan, CBIA senior vice president of public policy, about the economic and fiscal challenges facing Connecticut.

Whether it's the economy, state budget, or jobs, the business community and the people of Connecticut are looking for results from our elected officials in 2011. A budget deficit of nearly $3.7 billion and $70 billion in unfunded liabilities means Connecticut will no longer be able to solve its fiscal problems with quick-fix tactics. Instead, the governor and lawmakers will need to work at the structural level to reduce the size and cost of state government and increase its efficiency. CBIA believes that for Connecticut's economic recovery to take hold, the state budget must be balanced in a way that opens the door to a thriving private-sector economy. For that to happen, the emphasis must be on changing the organization of state government and the way it delivers services rather than on revenue enhancement.

Category:

News & Politics

Tags:

• CBIA
• business
• government
• jobs
• economy
• fiscal
• budget
• legislature
• governor
• recovery
• private
• sector
• taxes
• deficit

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Find out more about Connecticut's economic challenges at gov.cbia.com