A new study by Yankee Institute and Reason Foundation, a national public policy research organization, confirms that the 2017 bipartisan financial reforms known as the “fiscal guardrails” have saved Connecticut more than $170 million since enacted and, if kept intact, can save the state $7 billion over the next 25 years.
The report, titled The Case for CT’s Fiscal Guardrails: How to Protect Public Pensions and Taxpayers, examines how the guardrails have improved Connecticut’s creditworthiness, making it less expensive for the state to borrow money to finance necessary projects.
YI President is joined by the study's authors --- Len Gilroy and Mariana Trujillo -- for a discussion on the guardrails' importance.
Find the full study here: https://yankeeinstitute.org/2024/09/23/the-case-for-cts-fiscal-guardrails/
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