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Ned Lamont: “The transportation fund was running on fumes seven years…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike

Published February 20, 2026 | Video Starts at 06:18

I tried one a few years ago. They didn't like that one either. I remember that. The tolls. Yeah. The transportation fund is pretty plump though, isn't it? No special The transportation fund was running on fumes seven years ago. which is why we had problems then. Price of gasoline went up and we did very well for a period of time. (06:18–06:24)

CLAIM

Asserts that the transportation fund was nearly depleted seven years ago.

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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Ned Lamont

“We lost 25% of our revenues in less than a year [in 08-09].”
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“We've got the hydropower coming down from Quebec that turned on just in the last few months.”
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“Today the price of natural gas is like today, you know, maybe 70 cents a kilowatt hour. And I'm paying 5 cents on, you know, our guarantees.”
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“There have been maybe one prosecution in five years under [the police accountability bill].”
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“The average homeowner, the value of their house is up 40 or 50% the last five years.”
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“Some hospitals charge 50, 60, 70% more than other hospitals [in Connecticut].”
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“We've done a lot in terms of stabilize our finances, cut taxes for people, make sure education's more affordable, big investment in…”
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“A lot of [the Covid era relief funding] ended up looking like deficits a few years later when that short term money ran out.”
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“I like to make sure that we fund things with a revenue stream we know we can count on, not just this year, but next year.”
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“We've increased investments every year.”
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“The three years, five years before I got here, they held not for profits, flat muni aid and education and you know, we've been able to…”
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“I want a 4,500 million dollars one time rebate because we have very strong capital gains.”
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“At least the roads and bridges are paid for by the gas tax.”
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“We still are in very good shape, Mike, but not as good as we were before because that infrastructure bill is billions of dollars.”
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“We're working hard to extend that agreement for nuclear power, which goes till 2029, for another 10 or even 15 years.”
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“Williams is the main pipeline company.”
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“Legislature back, I think was 2017 said ECS education cost sharing. Let's have an eight-year plan for it.”
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“We increase funding every year under that ECS formula.”
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“I've called for the commission.”
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“Maybe the state should pick up special ed, because that's a big hit for especially even our small towns.”
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“Connecticut has the best police force around, great state police, very low crime rate.”
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“I don't need ICE going into our Schools or hospitals or courthouses.”
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“The police accountability bill is generally showing that our cops are doing the right thing.”
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“We're going to provide [police officers] mortgage support and lower their interest rate.”
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“The price of housing is going down [in the rest of the country]. That's not true in Connecticut.”
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“For the first time in a long time, our cities are growing.”
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“I can do as a governor is make it a little easier for people to be able to afford to own their first home in the state.”
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“I'll give you relief against 830G.”
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“We take [corruption] seriously. And I wish they felt half as strongly about the Qataris giving the president a jet airplane or $500 million…”
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“We had a terrible reputation going back 20 years ago under a governor and a treasurer and mayors that really hurt our state.”
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“I am a little squishy with these earmarks coming out of the legislature as well, and I like things to go through a normal hearing process.”
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“The federal government did throw a hell of a lot of money at the states going back during COVID.”
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“Most of [the Covid era relief funding] went directly to cities.”
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“We'll do something with no deductibles, no co pays. It'll save you a lot of money if you go to a network of lower priced, high value…”
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“UConn Health will be at the heart of [the proposed network of lower priced, high value hospitals].”
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