Senator John Fonfara (D-Hartford) released the following statement regarding Thursday morning’s senate passage of the state budget:
“This bipartisan budget will steer Connecticut toward a steady financial footing by offering continued investment in growing jobs in emerging industries, while also holding the line on taxes, dedicating volatile revenues to paying down our unfunded liabilities, and making other substantial structural changes in order to achieve long-term savings. It also saves Hartford from bankruptcy and allows companies to spur economic development by using stranded tax credits. I’m grateful to have had the opportunity to play an active role in budget negotiations and witness first hand Democrat and Republican leaders coming to the table in good faith to create, and ultimately pass, a bipartisan state budget that moves Connecticut forward.”