Connecticut Business & Industry Association president and CEO John R. Rathgeber said today that Governor Malloy's State of the State address highlighted many of the business community's priorities for the 2012 legislative session, including:

Fiscal responsibility and accountability:

"The governor emphasized that we must continue to make state government leaner and more efficient, reduce our long term liabilities, and move to GAAP accounting," Rathgeber said.

Improving the state's business climate:

"Governor Malloy recognized that the private sector investment is essential for job creation and economic growth in the state," Rathgeber said. "And he acknowledged that revitalizing our economy means promoting an environment that encourages business expansions, start-ups, and relocations."

Education reform:

The governor proposed a series of reforms designed to ensure we have the best teachers and principals in our schools, that we address habitually underperforming schools, and provide more transparency in how education dollars are spent.

"Every child deserves a great education and the chance to pursue rewarding, productive careers," Rathgeber said. "And Connecticut cannot compete in today's global economy if it does not enact broad reform measures."

Moving forward

"The key is what happens next," Rathgeber said. "Will the legislature have the political will to exercise fiscal responsibility, help create a better climate for business investment, and make meaningful reforms to our public education system?

"If these issues are to be addressed successfully, lawmakers will need to work together in a bipartisan manner, just as they did last fall during the successful special jobs session."

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CBIA is Connecticut's largest business organization, with 10,000 member companies. For more information, please contact Meaghan MacDonald (860.244.1957; meaghan.macdonald@cbia.com).