Bloomberg Talks Connecticut Governor Talks State Funding
Oct 7, 2025
Connecticut's Governor Ned Lamont discusses balancing business attraction with social service funding during a government shutdown. He highlights the importance of reliable federal partnerships and outlines risks to programs like WIC and SNAP. Lamont expresses concerns over NYC leadership changes and emphasizes the need for Democratic governors to unite for state support. He also advocates for advanced manufacturing and housing reforms to retain young residents and businesses, all while maintaining budget stability and lower taxes.
AI Snips
Chapters
Transcript
Episode notes
Stability Attracts Financial Firms
- Connecticut offers businesses certainty, stability, and a slightly lower tax burden compared with neighbors.
- Ned Lamont says lifestyle and proximity to NYC make the state attractive to financial firms.
NYC Leadership Matters To Connecticut
- Connecticut depends on New York City's role as the financial capital and watches NYC leadership closely.
- Lamont stresses the next mayor must understand NYC's importance to the regional economy.
Governors As Pragmatic Leaders
- Governors provide practical leadership because they must balance budgets and deliver results.
- Lamont values governors' accountability as a contrast to Washington's dysfunction.