Lamont wants to slam brakes on state borrowing

Gov. Ned Lamont pledged Tuesday to slam the brakes on state borrowing, proposing a “debt diet” that could drain significant resources from municipal school construction and capital projects at state universities. The new governor also warned Tuesday that his first budget proposal, due out in eight days, would not shrink spending as much as he’d hoped, conceding the state’s huge pension and other, related debt is a larger problem than he anticipated

Lamont wants to slam brakes on state borrowing

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