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Well all eyes are focusing on Wisconsin's Republican governor's budget battle that's true bots now Connecticut's democratic government.
Is making its own budget headlines.
He is proposing to Jack up taxes on everything from income to gas to the sales tax.
Governor Dan Malloy also pushing for spending cuts to help slash a three and a half billion dollar deficit got -- welcome the program but to see as -- good to be with you.
Now it's a balanced approach I got it that's what -- -- you're doing spending cuts are doing tax increases but I notice that you'll mention via.
It doesn't address the unfunded pension liability which Connecticut has.
And that's an issue which is fired people up all over the country a lavish pensions by state union workers you'll budget doesn't.
-- -- but doesn't it.
Sure it does actually I'm I'm sorry I didn't know that but part of our budget proposal is.
In a process by which we recover some of those monies that that that.
Would otherwise have to go to.
Fund those kinds of pensions my predecessor.
Who have who have been Republican negotiated.
A deal two years ago which really only delayed.
What what really needed to transpire.
In essence she won an agreement from the unions that said that the state wouldn't deposit its share of the money into the fund for two years I'm looking for something that that is.
And quite frankly very extreme in comparison of that Oslo where we need to have a real discussions about re stacking -- -- Should should -- you've got a very you've got a significant tax increase that spread around.
Do you think that the taxpayers of Connecticut are going to be happy that some of -- increased revenue from these tax increases goes to pay.
These pensions you've got an unfunded pension liability of fifty billion dollars in Connecticut.
They gonna be and that's.
And again I think you're you're missing the point in our proposal.
We're asking for a billion dollars worth of of in essence get backs we are in fact having discussions about that.
So I think that that -- -- and and again let's look at what we're doing.
About 800 million dollars worth of budget cuts about a billion dollars worth of give backs and yes we are proposing no to raising some taxes -- across the board so that that the that there's a level of shared sacrifice to I think people are going to be happy about it absolutely not.
I have you know once I don't about the depiction of -- second no one's happy about the cuts right.
No one's happy about the give backs and no one's happy about the taxes but I think ultimately the people of Connecticut.
Want a state that that is going to return to job growth.
What's happened here is is we've had a series of administrations that simply kicked the can down the road in fact.
The fellow I ran against in the Republican Party had -- a pretty famous that.
About kicking the can down the road -- we're gonna stop kicking the can't rely not on the drawing I'm gonna get is like Jack on.
I'm telling us they don't billion dollars worth of -- give -- from the unions a carry on don't what did they object to -- in the way that give back it is our objected to in other states.
Well you know I think -- -- is is a little bit different now we're not proposing doing away with the arbitration or the right to organize so that's not that's not where we're coming from we're coming from a very different situation that is that I think everyone in Connecticut realizes that this is a crisis and that there has to be a level of shared sacrifice amongst all of the residents of the state of Connecticut and that's certainly does in fact include our employee group.
But it also on it includes everyone in -- -- Gupta Dan Malloy Connecticut thanks for joining us we appreciate it.
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