WRIGHT: AS TREASURER, “I’D GO TO COURT TO STOP BORROWING USED TO BALANCED THE STATE BUDGET”

Republican candidate for state treasurer Jeff Wright says if elected, he would refuse to certify the bonds (borrowing) used to balance the state budget and would take the fight to court if necessary. Wright is a guest on FOX-CT’s “The Real Story” airing at 10:30 this Sunday. The show taped last night with The Shad co-hosting with Laurie Perez.

Wright has criticized Democratic state Treasurer Denis Nappier, saying she hasn’t done enough to stop the use of borrowing money as a means to balance the state budget. When I pointed out that the treasurer has no statutory role in crafting or approving the state budget, he said his researched has shown a case can be made that the treasurer can refuse to certify the bonds for the borrowing and effectively stop the budget process. He said he would go to court to stop the borrowing if necessary.

Wright was clearly conflicted on the issue of public financing of campaigns. Wright recently qualified for public money and heralded it as a significant accomplishment. He goes by the self-proclaimed “Cash Cop.” I asked him if paying for his campaign was a proper use of the taxpayers’ “cash.” Wright said while he is participating in the public financing program because “it is the law of the land,” he would work to repeal the public financing law if elected.

(GOP gubernatorial candidate Tom Foley has taken some heat lately because he has demonized the public financing system, saying the state can’t afford it and it’s not a proper use of the taxpayers’ money. However, he solicited donors to give to Wright to help him qualify for the program. Curious.)