JEFF WRIGHT CALLS ON DENISE NAPPIER TO OPPOSE $486 MILLION BOND PROPOSAL

JEFF WRIGHT CALLS ON DENISE NAPPIER TO OPPOSE $486 MILLION BOND PROPOSAL


Newington, CT) – Jeff Wright, candidate for Treasurer, today joined a bi-partisan group of Connecticut legislators in opposition to the issuance of $486 million in state bonding for mass-transportation projects. Wright’s opposition to this proposal is based on the fact that the state’s continued misuse of bond funding to pay for the state’s operating expenses a practice has resulted in the state leading the nation in bonded indebtedness.


“With a massive $4 billion budget deficit, jobs fleeing the state and the ever present threat of increased taxes, Ms. Nappier’s proposal to borrow another $500 million dollars can be best described with one word – ‘reckless’,” said Wright. “This is exactly the kind of irresponsible spending and borrowing that has left our state mired in recession.”