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As Malloy Approves Bonding, Rep Asks: Why Are We Spending $12,000 on Clocks?

May 12, 2017 By Staff
As Malloy Approves Bonding, Rep Asks: Why Are We Spending $12,000 on Clocks?

State Rep. Christopher Davis (R-Ellington) blasted the governor and Bond Commission members for wasteful spending in a time of crisis.

State Rep. Christopher Davis (R-Ellington) took Gov. Dan Malloy (D-Conn.) and other state leaders to task on Friday for approving over $350 million in General Obligation (GO) bonds despite Connecticut’s looming fiscal crisis.

We “face a $5 billion deficit in the next two fiscal years,” Davis said, “yet we’re here today bonding $350 million in General Obligation allocations as well as issuing $650 million, I believe it is, in General Obligation bonds, and over $1 billion in Special Tax Obligation bonds on some projects that may or may not be of the most urgent need for the state of Connecticut.”

“I don’t think it’s appropriate for us to be having this meeting here today given the deep fiscal crisis that we are in as a state for us to be even approving these items on the agenda here today,” Davis added.

Malloy responded by blaming the legislature for not being willing to make spending cuts and balance the budget.

Davis eventually returned to the issue of bonding.

“But there’s a lot of things on this bond agenda that shouldn’t be on this bond agenda when the fiscal situation in the state of Connecticut is falling apart,” he said. “We’re bonding for the Connecticut Science Center at $3.4 million. A private, non-profit organization, we’re giving them $3.4 million.”

Then Davis brought up his most memorable example: the state is bonding for $12,000 in clock replacements at a high school.

“We’re replacing clocks at a high school for $12,000. I mean, why do we need be replacing clocks with the state credit card?”

Davis also noted he arrived to the meeting on time without $12,000 in clocks: “I mean, I got here on time, in fact I was five minutes early and I didn’t have $12,000 worth of clocks in order to do it.”

The State Bond Commission approved $350 million in borrowing to cover a wide range of projects, despite a near-$400 million deficit to close in the next five months. The two Republicans on the commission either voted against or abstained from each vote.

CT-N carried the bond commission meeting live and has the full video on its site.