Friday, January 30, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
  • Login
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Women in Power
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Women in Power
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Fairfield

Economic issues dominate final Connecticut gubernatorial debate

Justin McGown by Justin McGown
September 21, 2023
0

The three candidates running for governor of Connecticut ”“ Democratic incumbent Ned Lamont, Republican challenger Bob Stefanowski and Independent Party candidate Rob Hotaling ”“ met for a debate at Mohegan Sun on Tuesday evening. This was the final gubernatorial debate before Election Day and was produced by News 8 WTNH and the Connecticut Conference of Municipalities (CCM).

The bulk of the debate centered on pressing economic issues.

“I think we’re a lot better off,” Lamont said. “Four years ago, we were looking at $2 billion budget deficits as far as the eye can see.” He claimed that the state had just managed to balance its budget before the shock caused by the start of the Covid pandemic but took credit for making use of federal funds with an eye towards keeping spending to a minimum and amassing a $6 billion rainy day fund for the state. The governor concluded that he would not switch places with any other state in the union economy-wise.

“I think the governor has been living in a different state than Rob and I are,” Stefanowski said. “What I see are the second highest taxes in the entire country, what I see is Eversource today announcing a 40% increase in rates and potential blackouts throughout the winter.”

Stefanowski shared an anecdote about encountering a man in New Haven who asked him if he should buy medication or food for his family. To alleviate those problems Stefanowski called for spending a significant portion of the $6 billion budget surplus that Lamont has made a cornerstone of his campaign, referring to the surplus as a “slush fund.”

Hotaling said that the economy is “okay” but called out Lamont for referring to the state’s “mojo” as something impossible to measure.

“Right now, we have 100,000 jobs that are not filled,” he said, adding the key issue was an achievement gap which can only be closed by strengthening the workforce. Hotaling called Stefanowski’s plan for spending a significant portion of the rainy-day fund irresponsible.

The candidates were also asked what they will do about inflation, and if they will extend the gas tax exemption Lamont instituted.

“The only state in the country with an economy growing slower than Connecticut is Wyoming,” Stefanowski said, calling the economy decidedly poor. He argued Lamont had made the situation worse by siding with Joe Biden, increasing the tax on diesel fuel, and instituting a tax on prepared meals. Stefanowski said his “Connecticut First” plan would lower income taxes and fight inflation through additional gas tax holidays.

Hotaling pointed out that much of the responsibility for fighting inflation falls to the Federal Reserve in setting monetary policy, but said he would want to both reduce government spending and increase housing supply to lower the cost of living alongside extending the gas tax holiday.

“But we need to be focused not just on inflationary measures but also recession measures,” he said, stressing that the state failed to “stick the landing” on previous attempts to pay down debt during recessions and fared poorly when the economy turned worse.

Lamont went on the attack and accused Stefanowski of badmouthing the state with selective statistics. He claimed that Connecticut is one of the faster growing states in the country over the past several years and said the rainy-day fund was necessary to maintain government services without cuts or tax hikes in case of a recession.

The candidates were next asked about how they will handle raising electricity costs and grid instability.

Hotaling said that the state has done almost everything it can with available hydroelectric and natural gas and called for Connecticut to pursue a policy of energy independence. Stefanowski did not answer the question but instead took issue with Lamont’s accusation of him of badmouthing the state, while Lamont highlighted his efforts to keep Millstone Nuclear Power Plant open, pointing out that it generates a significant amount of power with little to no carbon emissions. He also brought up the state’s “doubling down on wind power” and the New London State Pier Project.

Lamont was then asked by the panel about whether the State Pier Project was a mistake given federal corruption probes and cost overruns that brought the $93 million project to more than $250 million, and how he will address the issue going forward.

“I think the investment in State Pier is one of the most important we’ve made in Southeastern Connecticut and more broadly across the state of Connecticut,” Lamont replied, claiming that Stefanowski wanted to “tear up” the contract despite its potential as a source of revenue for the state.

“Somebody at the table needs to represent the taxpayers,” Stefanowski said in response. He depicted the cost overruns as directly costing taxpayers hundreds of millions of dollars and laid the blame on the governor. He said that he would not scrap the project but would ensure that Connecticut taxpayers no longer come last in projects.

“What differentiates me from my competitors on stage is that I’m actually in operations ”“ they’re not,” said Hotaling. “It’s the right project, it was just mismanaged.”

The next economic issue discussed was the state’s debt. The candidates were asked at what point in the coming years of expected recession and deficits are tax increases or service cuts necessary.

“First of all,” Stefanowski said, “let’s be clear about where that surplus came from. It’s not anything the administration did, it’s not money that came down from heaven.”

Stefanowski stated the money was federal tax dollars returned to the state in something akin to a shell game. He said he would slash taxes on prepared food, reduce the sales tax, and pay off the unemployment insurance loan.

Hotaling laid out four key points after reiterating that he has the broadest financial experience of anybody on the stage. He wanted to maintain the state’s reserves to prevent cuts to existing programs, ensure that unemployment insurance stays strong in case of layoffs, ensure Medicaid, and provide opportunities for workers to reskill.

Lamont took issue with the depiction of the budget surplus as being the result of “federal largesse.”

“We did that by growing the economy, tens of thousands of new people coming into the state, and capital gains and bonuses as well,” he said, claiming his predecessors had put the state in difficult situations where cuts became necessary that he was working hard to avoid.

The final economic topic of the evening was affordable housing. The candidates were asked if suburban municipalities should be required to construct or approve multi-family housing to address the state’s shortage of affordable units.

“I just recently put out an affordable housing plan,” Hotaling said, urging the audience to visit his campaign site. He drew a sharp division between himself and his opponents, characterizing Lamont as perfectly fine with 8-30g as it stands with only 18% of municipalities in compliance, while Stefanowski wants to repeal it without any alternatives in place.

“I believe strongly in local control of zoning,” Lamont said, but noted “we desperately need more housing.” The governor said many businesses had told him that a lack of housing was limiting their ability to grow. He challenged the members of the debate audience, CCM members, to come up with plans that will work in their municipalities, stating, “You tell us where you want housing to be and there is no 8-30g,” but noted that there were still cases that required an additional push.

Stefanowski recalled growing up in affordable housing but decried that 8-30g had failed to produce results despite being in effect prior to the fall of the Berlin Wall. He said that the solution is to repeal the bill and work with the towns unhampered by confusing aspects of the bill.

Photo: (From left to right) Rob Hotaling, Ned Lamont and Bob Stefanowski. Photo by Anthony Quinn / WTNH.

This page is available to subscribers. Click here to sign in or get access.

Previous Post

Yanira Castro does well by telling social justice stories

Next Post

White Plains law office contests racism charge in Google reviews

Related Posts

Pantheon Electric brings electrical infrastructure innovation to Stamford
AI

Pantheon Electric brings electrical infrastructure innovation to Stamford

January 29, 2026
Greenwich Train Station open for business after $30M renovation
Business Journals

Greenwich Train Station open for business after $30M renovation

January 29, 2026
Attorney General James leads multistate coalition condemning DOJ threats against Minnesota 
Government

Attorney General James leads multistate coalition condemning DOJ threats against Minnesota 

January 29, 2026
Next Post
White Plains law office contests racism charge in Google reviews

White Plains law office contests racism charge in Google reviews

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

U.S. and world news for May 15
World News

CNN WIRE — Trump promotes phony claim that Walmart is closing 250 California stores

by Peter Katz
January 29, 2026
0

In yet another of his social media posting sprees, President Donald Trump sent out a variety of wildly inaccurate and...

U.S. and world news for Jan. 29

U.S. and world news for Jan. 29

January 29, 2026
CNN WIRE — The Fed holds interest rates steady: VIDEO

Federal Reserve holds interest rates steady

January 28, 2026
U.S. and world news for Jan. 28

U.S. and world news for Jan. 28

January 29, 2026
CNN WIRE — Doomsday Clock 2026: Scientists set new time

CNN WIRE — Doomsday Clock 2026: Scientists set new time

January 27, 2026
Reaction to Trump’s DOJ suing NY state, Hochul, James, Schroeder

U.S. and world news for Jan. 27

January 27, 2026
No Result
View All Result

Latest News

Pantheon Electric brings electrical infrastructure innovation to Stamford
AI

Pantheon Electric brings electrical infrastructure innovation to Stamford

by Gary Larkin
January 29, 2026
0

Pantheon Electric CEO Greg Smith. His company was formed by the integration of several other companies recently....

Greenwich Train Station open for business after $30M renovation

Greenwich Train Station open for business after $30M renovation

January 29, 2026
U.S. and world news for May 15

CNN WIRE — Trump promotes phony claim that Walmart is closing 250 California stores

January 29, 2026
Attorney General James leads multistate coalition condemning DOJ threats against Minnesota 

Attorney General James leads multistate coalition condemning DOJ threats against Minnesota 

January 29, 2026
RPI and Westchester County collaboration in new phase

RPI and Westchester County collaboration in new phase

January 29, 2026
Logo Westfair Business Journal

Latest News

Pantheon Electric brings electrical infrastructure innovation to Stamford

Greenwich Train Station open for business after $30M renovation

CNN WIRE — Trump promotes phony claim that Walmart is closing 250 California stores

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 Women in Power
    • 2026 Real Estate
    • 2026 40 Under Forty
    • 2026 Millennial & Gen Z
    • Events Calendar
    • Past Events
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.