Sens. Kelly & Formica Statement on Moody’s Bond Rating Upgrade

April 1, 2021

Senate Republican Leader Kevin Kelly (R-Stratford) and Senate Republican Leader Pro Tempore Paul Formica (R-East Lyme) released the following statement re: Moody’s bond rating upgrade:


“The bipartisan budget crafted in 2017 that implemented historic cost and savings controls is now bearing fruit. Working collaboratively and including Republican ideas created policies that surpassed expectations and put our state on better footing  for years to come. We all want CT to succeed and today’s good news certainly shows what we can do when all perspectives are respected and considered. CT must maintain our fiscal controls and discipline moving forward. While today’s news is positive, top state economists have also warned that CT’s economy remains the worst performing in the nation. We have much more work ahead and clearly the best results come from bringing all perspectives together.”