Report Finds Lack of Investment In Transportation Will Hurt Connecticut

The report from the American Road and Transportation Builders Association found Connecticut would lose $3.2 billion in economic activity each year, including $2 billion in lost sales and 10,227 in lost jobs that an investment in transportation would have supported. Gov. Dannel P. Malloy’s compromise budget does not include a bonding cap, but any bonding would be subject to the statutory debt cap. That cap is unable to be calculated since there is no agreement on how much revenue will be spent over the next two years.

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