The State’s bonded debt funds critical infrastructure throughout the State such as schools, housing, transportation infrastructure, child care facilities and clean water programs. We have to manage this responsibly and with an experienced hand.
There are nearly 300,000 state and municipal employees, teachers and retirees who are pension plan participants and beneficiaries. We must keep the commitments our State has made to current and future employees and retirees who have paid into our plans, and ensure that we protect the long-term solvency and funding of our pension for the future.
Connecticut Baby Bonds passed with bipartisan support during the 2021 legislative session. The program aims to strengthen the state’s economy and help lift people out of poverty. The program creates a trust for children born into poverty, and would allow those children to use those resources for higher education, the purchase of a first home, or to invest in a small business after the child turns 18 years old.
The Connecticut Safe Harbor Fund would offer financial assistance to those who travel to Connecticut for legally protected abortion care and includes a plan to partner with State Treasurers in pro-choice states across the country to form a nationwide coalition of states providing safe and legal abortion care in a private and affordable manner.