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An unusual plan involving repurposing stranded tax credits may address the shortfall of qualified workers for open positions in various industries around Connecticut.
On tolls, Fairfield First Selectwoman Brenda Kupchick said the governor “needs to once and for all just give it up. He’s changed positions so many times, and the way it stands now it’s not going to make anywhere near the money that’s needed.”
“We are focusing on what money is going out and what we are getting in return,” the Greenwich resident says. “Ultimately it’s about the cost to the taxpayer – and I am certainly one of those."
“Our business is growing – but I’m not sure if it’s going to continue to do so in Connecticut," says one Danbury business owner.
Among those criticizing aspects of the new governor's plan: Hospitals, accountants, and Republican lawmakers.
Continuing flight from New York City and ambitious plans to improve Connecticut's rail system bode well for the future, although one local economics professor wonders if it will truly last.
Originally focused on the fast-growing city’s downtown area, it has since expanded to include all of Stamford.
Ned Lamont "understands the need for economic growth, and the huge burden he’s facing,” says Joseph Brennan, president and CEO of the Connecticut Business and Industry Association. “He’s going to need help.”
Questions about traffic, increasing casino competition from neighboring states, and the wisdom or breaking the state compact with the tribes operating Mohegan Sun and Foxwoods remain, say several observers.
Meanwhile, Comptroller Kevin Lembo said that, based on revenue and spending through Sept. 30, the state remained on track to end the current fiscal year with a $93.9 million deficit.
Frustration over a lack of detail leaves observers hopeful but wary.
Transportation revenues will take an increasing hit as gas tax funds continue to dwindle -- but selling tolls to consumers will be a tall order.
The Feb. 2 event brought together senior executives from area hospitals and insurance companies, who used to "arm wrestle" over key issues, according to one panelist.
“Is it a cause for hope, concern, or seeing opportunities? Probably all three,” said Joe McGee of The Business Council of Fairfield County.