STUDY: Just by virtue of your residence in Connecticut, you owe over $50,000 in debt—the second-highest taxpayer liability of any state. Yet, Gov. Lamont has spent the last two years destroying the spending cap and borrowing cap passed in 2017 by both parties to limit future taxes and debt. In just a few years, Lamont has spent $2.7 billion above the spending cap for 5 different stated reasons. Lamont increased debt by another $1.7 billion by raising the “volatility cap” and going around the debt cap. And on top of that he has increased taxes on our payrolls, takeout meals, online purchases and more. Years ago, Lamont won reelection promising fiscal moderation and even called the spending cap and borrowing cap “essential” and “sacrosanct.” Yet now he’s broken that promise and destroyed those “guardrails” and any effort to limit debt and taxes for the next generation. Gov. Lamont is creating the most predictable future economic crisis in state history. We must change course now to make our state affordable before it’s too late.