It’s Time to Put Connecticut’s Fiscal House in Order

This brief suggests ways that Connecticut can avoid past fiscal mistakes by addressing the state’s reliance on one-time revenues, the structural deficit, unaffordable tax cuts, under-funding of essential programs, and increasing debt. These problems will contribute to growing budget deficits. At the same time, Connecticut’s current budget is under-funded in many ways. For example, the state’s share of K-12 education funding has declined from 46% in 1990 to 38%.