Y CT Matters

Ep. 90: Why the Fiscal Guardrails Were Established, and Why They Still Matter with Suzanne Bates

February 02, 2024 Yankee Institute
Ep. 90: Why the Fiscal Guardrails Were Established, and Why They Still Matter with Suzanne Bates
Y CT Matters
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Y CT Matters
Ep. 90: Why the Fiscal Guardrails Were Established, and Why They Still Matter with Suzanne Bates
Feb 02, 2024
Yankee Institute

The CT Mirror released a three-part series examining the effectiveness and viability of the 2017 bipartisan fiscal guardrails. Some state leaders believe they’re needed, others argue for reforms, and another contingent suggests eliminating the guardrails entirely. But Suzanne Bates — a former Yankee Institute Policy Director who sat on the Spending Cap Commission that presented the guardrails — notes how quickly state lawmakers have forgotten the financial mess that befell Connecticut from the government’s loose spending. She explains why the guardrails were established, and why they still matter.

Show Notes

The CT Mirror released a three-part series examining the effectiveness and viability of the 2017 bipartisan fiscal guardrails. Some state leaders believe they’re needed, others argue for reforms, and another contingent suggests eliminating the guardrails entirely. But Suzanne Bates — a former Yankee Institute Policy Director who sat on the Spending Cap Commission that presented the guardrails — notes how quickly state lawmakers have forgotten the financial mess that befell Connecticut from the government’s loose spending. She explains why the guardrails were established, and why they still matter.