Representatives T. R. Rowe (R-123) and Tony Hwang (R-134) joined Republican Legislative Leaders today as they unveiled a no-tax increase balanced budget proposal for Fiscal Years 2012 and 2013. By focusing on core government functions, eliminating waste and creating efficiencies, the Republican Alternative Budget significantly reduces the size and cost of government while protecting the social safety net and preserving state aid to municipalities.
“It is clear that there is a better way to address our looming budget deficit than to punish the middle class and small businesses with the tax hikes and increased spending that Governor Malloy’s budget promises,” said Rep. T. R. Rowe. “Our budget proposal makes the important decisions Governor Malloy and the legislative majority have been unable or unwilling to make, and closes the deficit without further burdening taxpayers who already pay the highest per capita tax rates in the nation.”
Highlights of the Republican Alternative Budget include:
- No new taxes on any business, individual, employer or services or goods.
- The Republican budget cuts spending from Gov. Malloy’s plan by $1.2 billion.
- The budget preserves municipal aid for all towns and cities.
- Enhanced Medicaid fraud detection units will save an estimated $224 million in wrongful payments.
- Republicans plan to save more than $46 million through agency consolidations.
- State government will be streamlined through attrition and reduction in the 54,000- state employee payroll.
- No money will be borrowed for day-to-day state operations.
- The $500 property tax credit that Gov. Malloy wanted to abolish is fully restored.
- More than $200 million in the state’s highest cost debt will be pre-paid, thus allowing for greater flexibility in budgeting throughout state agencies.
- It restores the sales tax amnesty week that every Connecticut consumer can use to support household budgets.
Rowe noted that middle class families, employers and businesses will all benefit from the Republican budget which does not raise sales taxes, gas taxes or implement the myriad of other increases planned by the governor.
Half of the proposed reductions in state-funded positions, 1,250 would be targeted toward management. The Bipartisan Commission on Enhanced Agency Outcomes recommended that Connecticut cut in half the number of managers to come in line with the private sector.