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CT-Gov. Candidates Lamont, Bronin Celebrate Malloy’s Infosys Deal

March 15, 2018 By Staff
CT-Gov. Candidates Lamont, Bronin Celebrate Malloy’s Infosys Deal

Two of the leading Democrats campaigning to replace Dan Malloy praised the current governor's deal with Infosys on Wednesday, which involves $12 million in taxpayer dollars.

Two Democrats running for governor in Connecticut praised Infosys’ decision to create 1,000 jobs in Hartford on Wednesday, with one seeking to take credit for the deal that involves at least $12 million in taxpayer money.

Ned Lamont, last seen in politics in 2010 but running to replace Gov. Dan Malloy (D-Conn.) in 2018, confirmed he “dragged” Infosys’ president to the state of Connecticut in an effort to bring jobs there.

Mayor Luke Bronin (D-Hartford), another gubernatorial candidate, celebrated the arrival of new jobs in Hartford.

What neither Democrat talked about was the taxpayer money involved in the deal. Reclaim Connecticut reported that Malloy’s press release said:

As part of the company’s establishment of the hub in Hartford, the Connecticut Department of Economic and Community Development (DECD) will provide up to $12 million in grants after certain job creation milestones are met through Governor Malloy’s First Five Plus Program. In addition, the company is eligible to receive up to $2 million in training grants to support partnerships the company creates with local education organizations. State funding will be used for the purchase of computer and office equipment, leasehold improvements, and training. The company is also eligible for additional assistance if they significantly exceed 1,000 jobs, and the incentives in place can support up to 2,000 jobs.

That’s $12,000 in taxpayer money for each job created.