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News Mar 18, 2014 - 11:22:08 AM

State Legislative Leaders on Session in Stamford March 19

By The Business Council of Fairfield County

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The Business Council of Fairfield County will host Connecticut’s Legislative Leadership on Wednesday, March 19th at the Sheraton Stamford Hotel. Registration begins at 7:45 a.m. and the breakfast program will run from 8:00 to 9:30 a.m.

The breakfast will feature Senate President Pro Tempore Don Williams (D - Brooklyn), Speaker of the House of Representatives J. Brendan Sharkey (D-Hamden), House Minority Leader Larry Cafero (R-Norwalk) and Senate Minority Leader Pro Tempore John McKinney (R-Fairfield) who will share their priorities and their predictions for the current legislative session.

The State of the State
In the context of an improving state economy and a projected $500m surplus, Connecticut’s Democratic and Republican leaders have announced their proposals for the current legislative session.

In his State of the State address, Governor Malloy proposed tax cuts and a tax refund, continued investment in jobs growth initiatives, paying down long-term obligations and a series of commitments to spanning from early childhood to higher ed.

Republicans proposed tax cuts for individuals and business that they maintain will not impact the budget deficit forecasted for next year, while calling for debt reduction and continued vigilance on long-term pension obligations.

While these proposals, over the short term, address how to ‘spend’ the surplus, longer term questions remain. What investments will be made to ensure Connecticut’s economic health?

Fiscal issues such as long term debt and obligations are real, as is a transportation system that inhibits the economic growth of the state, an education system not delivering its promise to all residents, and a coastline exposed to increasing severe storms.

And this is an election year.
Over the next few months, how will the legislative leadership and the Governor work to continue righting Connecticut’s economy and strengthening its competitiveness and resilience?

Join us on March 19 to hear – and ask – how – or if – common ground can be found.

Joe McGee, The Business Council’s VP Public Policy will moderate a panel that offers no speeches, and plenty of time for Q & A.

Reservations for Business Council members are $35 per person, or $350 for a table of ten. The non-member rate is $45 per person. Reservations and further information may be obtained by contacting The Business Council at 203-359-3220.

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