Connecticut’s “legislature’s non-partisan Office of Fiscal Analysis, which analyzes every bill to determine its potential cost to state government, recently filed a plan outlining how it could take a similar look at possible impacts on public- and private-sector jobs.” [….]
Some lawmakers think this is a good idea, while some are wary, making this plan by OFA potentially a good deal; no one is totally happy.
For the some of us living on the far side of the bean-counter’s office, any effort to generate job growth in Connecticut is welcome; especially in light of the 100,000 jobs we lost during the recession, coupled with a blossoming budget deficit our new governor faces.
There is a cost for implementing this plan, which is less than $200,000 to start up. But compared to the state budget, it is a drop in the budget. And wouldn’t it be great to know whether a bill will generate jobs as part of the cost benefit analysis? I think so.