CBIA: State Budget Deadlock Hurting Economy, Job Growth
10.09.2017
Media Center
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Connecticut’s ongoing budget crisis is hurting the economy and job growth, the state’s largest business organization warned today.
CBIA president and CEO Joe Brennan said the organization today launched a statewide advertising campaign calling for an immediate resolution to the budget deadlock.
“Connecticut’s now gone 100 days without a budget,” Brennan said. “We’re the only state in the country in that position.
“Around the state, our member companies, small and large, are saying they want a bipartisan budget solution adopted and signed into law.
“They want to grow their businesses, expand their workforce, and take advantage of the opportunities that are out there.
“However, the widespread uncertainty created by the budget deadlock has handcuffed them.”
CBIA's campaign includes a 30-second radio spot playing in heavy rotation in all state media markets.
Brennan said the campaign's message centered on one urgent theme, that Connecticut cannot wait any longer to fix its fiscal problems.
"There's no doubt the budget stalemate is hurting our economy and job growth," Brennan said.
"Look at the July-August numbers, where we lost 5,000 jobs after a really encouraging start to the year.
"We can't emphasize enough the urgency that's needed, for state lawmakers to work together and end the uncertainty with a budget that will drive the economic growth Connecticut desperately needs.
"That means delivering a budget that reforms the way government operates, controls state spending, and avoids more damaging tax hikes."
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CBIA president and CEO Joe Brennan said the organization today launched a statewide advertising campaign calling for an immediate resolution to the budget deadlock.
“Connecticut’s now gone 100 days without a budget,” Brennan said. “We’re the only state in the country in that position.
“Around the state, our member companies, small and large, are saying they want a bipartisan budget solution adopted and signed into law.
“They want to grow their businesses, expand their workforce, and take advantage of the opportunities that are out there.
“However, the widespread uncertainty created by the budget deadlock has handcuffed them.”
The widespread uncertainty created by the budget deadlock has handcuffed businesses.
Brennan said the campaign's message centered on one urgent theme, that Connecticut cannot wait any longer to fix its fiscal problems.
"There's no doubt the budget stalemate is hurting our economy and job growth," Brennan said.
"Look at the July-August numbers, where we lost 5,000 jobs after a really encouraging start to the year.
"We can't emphasize enough the urgency that's needed, for state lawmakers to work together and end the uncertainty with a budget that will drive the economic growth Connecticut desperately needs.
"That means delivering a budget that reforms the way government operates, controls state spending, and avoids more damaging tax hikes."
CBIA is Connecticut's largest business organization, with thousands of member companies, small and large, representing a diverse range of industries from every part of the state. For more information, please email or call Meaghan MacDonald (860.244.1957).
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CBIA IS FIGHTING TO MAKE CONNECTICUT A TOP STATE FOR BUSINESS, JOBS, AND ECONOMIC GROWTH. A BETTER BUSINESS CLIMATE MEANS A BRIGHTER FUTURE FOR EVERYONE.