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Ned Lamont: “All the while building up a $4 billion rainy day fund in…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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2026 State of the State Address

Published | Video Starts at 06:38

Here at Connecticut, working together, we have delivered over seven balanced budgets in a row on time. This will be our seventh balanced budget. Let's get it on time. All the while building up a $4 billion rainy day fund in case of a recession. And they do happen. And also paying down over $10 billion in pension debt. Unlike our predecessors who put the pension costs on their credit card for our kids. (06:38–06:44)

CLAIM

Asserts that Connecticut has built a $4 billion rainy day fund for economic downturns.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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