Governor Josh Shapiro

I think Howard Lutnick is whistling by the graveyard. I think that this incredible uncertainty is a real drag upon the economy. I think investors have spoken. You see that with the market reaction today. People don't know if they should invest or not because they don't know what tomorrow is going to bring.

I think Howard Lutnick is whistling by the graveyard. I think that this incredible uncertainty is a real drag upon the economy. I think investors have spoken. You see that with the market reaction today. People don't know if they should invest or not because they don't know what tomorrow is going to bring.

I think Howard Lutnick is whistling by the graveyard. I think that this incredible uncertainty is a real drag upon the economy. I think investors have spoken. You see that with the market reaction today. People don't know if they should invest or not because they don't know what tomorrow is going to bring.

The herky-jerky style with the tariffs is just symptomatic of this administration where every day is more incoming. And that's bad for the economy.

The herky-jerky style with the tariffs is just symptomatic of this administration where every day is more incoming. And that's bad for the economy.

The herky-jerky style with the tariffs is just symptomatic of this administration where every day is more incoming. And that's bad for the economy.

What we're doing in Connecticut is working through our budget as best we can based upon the fiscal 24 numbers. We get about a third of our revenues from the feds. But we have a reserve in case there's a lot of incoming. Let's say they want to cut $800 million out of Medicaid in our state. We're modeling right now in terms of who gets impacted, what we can do to soften some of those impacts.

What we're doing in Connecticut is working through our budget as best we can based upon the fiscal 24 numbers. We get about a third of our revenues from the feds. But we have a reserve in case there's a lot of incoming. Let's say they want to cut $800 million out of Medicaid in our state. We're modeling right now in terms of who gets impacted, what we can do to soften some of those impacts.

What we're doing in Connecticut is working through our budget as best we can based upon the fiscal 24 numbers. We get about a third of our revenues from the feds. But we have a reserve in case there's a lot of incoming. Let's say they want to cut $800 million out of Medicaid in our state. We're modeling right now in terms of who gets impacted, what we can do to soften some of those impacts.

But I got to remind people, there's no way the taxpayers of Connecticut could ever make up for all the federal if they pull it back as dramatically as they're talking about.

But I got to remind people, there's no way the taxpayers of Connecticut could ever make up for all the federal if they pull it back as dramatically as they're talking about.

But I got to remind people, there's no way the taxpayers of Connecticut could ever make up for all the federal if they pull it back as dramatically as they're talking about.

Not so much. I don't think I can blame tourism here in Connecticut on the president. Most of our tourism is the greater region. Look, if you're down in Naples, Florida, Canadians have stopped coming. I know that story. Here, we've had more tourists visiting the state of Connecticut in the last three years than ever before in our history. But most of that is regional. A lot of that is cars.

Not so much. I don't think I can blame tourism here in Connecticut on the president. Most of our tourism is the greater region. Look, if you're down in Naples, Florida, Canadians have stopped coming. I know that story. Here, we've had more tourists visiting the state of Connecticut in the last three years than ever before in our history. But most of that is regional. A lot of that is cars.

Not so much. I don't think I can blame tourism here in Connecticut on the president. Most of our tourism is the greater region. Look, if you're down in Naples, Florida, Canadians have stopped coming. I know that story. Here, we've had more tourists visiting the state of Connecticut in the last three years than ever before in our history. But most of that is regional. A lot of that is cars.

I'm hearing that Doge says we're just getting rid of waste, fraud and abuse. That's nonsense. All they're doing is pushing costs onto the state. We've already had. Well, we get cuts. We don't get any notice. All of a sudden, the portal turns off and they stop paying for daycare. They stop paying for health department services. They stop paying for education.

I'm hearing that Doge says we're just getting rid of waste, fraud and abuse. That's nonsense. All they're doing is pushing costs onto the state. We've already had. Well, we get cuts. We don't get any notice. All of a sudden, the portal turns off and they stop paying for daycare. They stop paying for health department services. They stop paying for education.

I'm hearing that Doge says we're just getting rid of waste, fraud and abuse. That's nonsense. All they're doing is pushing costs onto the state. We've already had. Well, we get cuts. We don't get any notice. All of a sudden, the portal turns off and they stop paying for daycare. They stop paying for health department services. They stop paying for education.

And we have a pretty substantial rainy day fund, about 18% of our budget. So we're able to manage a lot of the smaller items as they come along, at least for the near term. What worries us is the big items. Medicaid could be enormous, and there's no way we can manage that by ourselves.

And we have a pretty substantial rainy day fund, about 18% of our budget. So we're able to manage a lot of the smaller items as they come along, at least for the near term. What worries us is the big items. Medicaid could be enormous, and there's no way we can manage that by ourselves.