Thursday, September 24, 2009

24 Days Later the Democrats are Raising Taxes AGAIN!

Only 24 days have passed since the Connecticut General Assembly passed a budget along party lines – a state budget that included the largest tax increase in the history of Connecticut. Only 24 days since the Democrats authorized a fortune in long-term borrowing to feed the daily operations of Connecticut state government. I proudly voted NO!

Millions of dollars in higher fees for Connecticut residents – only 24 days after their fees were raised to feed the government budget monster in Hartford.

Connecticut government spending outpaced our taxpayer resident’s income by 64% since 1987! Imagine that – Connecticut government spending grew at such a rapid pace in the last 22 years that it far exceeded the growth of income for the resident’s who fund the government with their taxes.

The Democrats’ budget anticipates tax revenue that is unlikely to materialize during this global recession. What does that mean – our state budget is likely already running in a deficit – less than three months into a two-year budget. The Connecticut Office of Fiscal Analysis estimates 2012-2013 revenues will produce a deficit of over $6 BILLION!

The Democratic majority in Hartford is unwilling to prioritize and reduce spending in state government. The fiscal crisis in Connecticut is being exasperated by the Democratic majority as they continue “kicking the can down the road.”