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Opinion: SEBAC agreement does not go far enough

State Rep. Fred Wilms (R-142)

Last week the State Senate put the final seal of approval on Gov. Malloy’s SEBAC (State Employee Bargaining Agent Coalition) agreement. The agreement will, at best, save Connecticut $1.5 billion, which is marginal compared to our looming $5 billion deficit.

Sadly the SEBAC deal locks in all unionized State employee benefits for the next TEN years. It also locks in wages and prevents layoffs for the next FOUR years. Combined these expenses comprise 40% of the entire State budget. In exchange for these serious restrictions, we received only a portion of the labor concessions we needed. In high school I ran the mile on our track team. A mile was four laps around the track. This SEBAC deal only gets us 1.5 laps in a 4.0 lap race.

Please click on the video below to listen to my remarks on the SEBAC deal.

Unfortunately, the deal passed both the House and Senate on party-line votes. House Republicans will continue to fight for a responsible budget that erases the deficit without new or increased taxes.

Please do not hesitate to contact me regarding this or any state or local concerns at 800-842-1423 [email protected]

2 comments

Rick August 10, 2017 at 5:29 am

@ Fred

Hexavalent chromium, was found in Stamford, Norwalk, Greenwich, Darien, Seymour and Danbury, according to EWG.

Could you please look into this for us,I realize a lot of things are going on but todays news is somewhat troublesome .Let us know what this new news means.

Thanks

Mike McGuire August 10, 2017 at 7:28 am

The video is well worth watching as it nicely sums up how we got into this fiscal mess in the first place. Clearly Norwalk made a good choice in sending Fred to Hartford. His banking background will be essential in speaking reason to the fiscally challenged members of CT’s elected officials.

I love the fact that he is looking long-term and not just over the next election cycle. Clearly he gets it. I only wish there were more like him in Hartford.

As a side note – high school math should teach basic finance as a requirement for graduation. Financial math is a step or two below algebra. It is much more practical and would solve the “fiscal illiterate” problem which plagues our nation and state.

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