‘Guardrails’ have big gaps and so don’t achieve much

By Chris Powell There’s a big gap in Connecticut’s “fiscal guardrails,” the rules enacted in 2017 to require state government to save a big part of any budget surplus and apply it to its unfunded pension obligations. The gap was noted the other day in an essay in the Hartford Courant by the executive director of the ConnecticutContinue reading “‘Guardrails’ have big gaps and so don’t achieve much”