EXCLUSIVE: State Rep. John Hampton, a Democrat, Talk’s CT’s Pensions ProblemApril 12, 2017
Hampton advocated switching state workers "to a 401(k)-type pension plan" to help rein in the state's spending.
Reclaim Connecticut recently talked to State Rep. John Hampton (D-Simsbury) to discuss politics and policy.
A self-described centrist Democrat, Rep. Hampton was frank when asked about pension reform, saying “our state has a pension problem, as do many states.”
Hampton urged the state to “rein in our pension spending,” saying bluntly: “we’ve reached the breaking point.” He added that current pension spending is “killing the state.”
Hampton advocated switching state workers “to a 401(k)-type pension plan” to help rein in the state’s spending, a plan that has yet to gain traction in the state legislature.
Briefly going over the budget challenges facing the state, Hampton made clear that this session is going to be a long one. Noting the budget is halfway through the Appropriations Committee, Hampton predicited the budget will “not look much like the governor’s proposed budget” when finialized.
Bonding & Borrowing
Issues Hampton thought deserved shining a spotlight on included the state’s borrowing. Hampton was quick to highlight the state’s bonding and borrowing, saying “our borrowing is pretty crazy.”
In the past, Hampton proposed a bill to cap state bonding. Hampton said the state mentality towards borrowing should be towards “really only borrowing for our infrastructure, public safety” while it deals with a budget crisis.
Mileage Tax & Tolls
When asked, Hampton said the mileage tax is dead. His statement was prescient, given the state’s decision to kill its mileage tax study this week. Hampton was also skeptical that the state will see tolls in the future.
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