Now the talk from legislative Democrats is that they may make NO adjustments to the state's already set budget for FY09, as reported by multiple sources. This is in light of budget surplus figures being... shall we say... a little more anemic than originally projected earlier this year.
Hard to believe that after you choke off the Connecticut economy for two decades that you finally start to see dwindling tax revenues under high taxes. What about all the non-profits that pay legislative Democrats their full-time salaries? I thought they were going to send them a ton of cash this year? Perhaps not. Perhaps when you tax people and business because of what you espouse as "economic justice" as opposed to taxing for needed revenue, this is the result; less of everything for everyone.
Democrats are walking a fine line here, as they always do... going against their instincts, and trying to not raise taxes while at the same time sending cash to non-profits and other special interests to whom they are beholden. The tightrope has now become thinner... what will they do?
How will two legislative leaders, each running their respective chambers and each also running for governor handle this problem and each other? How will a union shill who aspires to be the next speaker of the House approach this problem?
I have a feeling that the remaining week and a half left of the General Assembly's session may be among the most entertaining yet...