Issue Position: Transform Fiscal Policy

Issue Position

Transform fiscal policy in Hartford to reduce our record deficit through long-term structural budget change

The solution to our deficit challenges is not difficult. We simply need to take heed of the dynamics that continue crushing our state finances. Times have changed. We need policies that will propel the state economy forward and retain its citizens, i.e. no more tax rate increases. Our proposed solutions include privatizing some state services, such as the DMV, and moving all new state hires from defined benefit to defined contribution 401(k) plans. Our state employee union leaders would be well served to agree to open up the contracts and modify benefits to more closely mirror other states and the private sector.

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