Signs of Hope

There is little good budget news coming out of the state capitol this week, but there are signs that the dwindling lack of options is forcing the governor and lawmakers to consider approaching this year's challenge with long-term reform in mind.

Thursday, the bi-partisan leadership of the House pledged to work together to think in terms of "years [ahead] and future generations" when it comes to crafting the next two-year budget and Governor Malloy pledged not to resort to borrowing to close the $5 billion budget gap. If that thinking holds - it may afford Connecticut an opportunity to take a first step toward a more sustainable budget process and a stronger economic footing.

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