{"id":537312,"date":"2010-04-21T12:35:51","date_gmt":"2010-04-21T16:35:51","guid":{"rendered":"tag:blogs.courant.com,2010:\/capitol_watch\/\/9.76481"},"modified":"2010-04-21T12:56:26","modified_gmt":"2010-04-21T16:56:26","slug":"state-budget-crisis-oz-griebel-says-he-would-cut-expenses-like-in-the-private-sector-at-bankboston","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/537312","title":{"rendered":"State Budget Crisis: Oz Griebel Says He Would Cut Expenses Like In The Private Sector At BankBoston"},"content":{"rendered":"<p>Republican candidate Oz Griebel says he would tackle the state&#8217;s budget crisis in the same way he did in the private sector &#8211; by cutting expenses and consolidating operations.<\/p>\n<p>Griebel is running among a group of Republicans who are currently behind in the latest Quinnipiac University and Rasmussen polls to Republican front-runner Tom Foley of Greenwich. In the latest Q poll, Foley had 30 percent of the vote, compared to 4 percent each for Lt. Gov. Michael Fedele and Danbury Mayor Mark Boughton.<\/p>\n<p>Some insiders believe that Foley, Fedele, and Boughton could end up in a three-way GOP primary on August 10. But before the primary, they will battle for the necessary 15 percent of the 1,465 delegates at the party&#8217;s nominating convention on Saturday, May 22 in Hartford. They will clearly be debating&nbsp;the best way to resolve the state&#8217;s budget crisis, including a projected deficit of more than $3 billion in the 2012 fiscal year.<\/p>\n<p>&#8220;Our current fiscal crisis looks eerily familiar,&#8221; Griebel said in a statement. &#8220;As the former CEO of BankBoston Connecticut and the Metro Hartford Alliance, I had to make tough budgetary decisions every day &#8211; even when they were unpopular.&nbsp; Specifically, I had to bring our expenses into balance with our revenues and consolidate operations and activities when necessary.&nbsp; The financial challenges that both organizations faced and decisions I had to make are not dissimilar to those confronting our state today.&#8221;<\/p>\n<p>&#8220;I knew then, like now, that turning things around would not be easy; yet by demonstrating leadership and fiscal responsibility, I was able to grow our customer and investor bases,&#8221; Griebel said. &#8220;By leveraging relationships in the field and speaking candidly with our people and stakeholders, I built key coalitions and teams &#8211; region by region and sector by sector &#8211; methodically making things right.&nbsp; As governor, I will utilize my experience in turning around previous financial challenges and building teams of varying government and business leaders to re-establish Connecticut&#8217;s fiscal sanity, ultimately restoring confidence in and jobs to our state.&#8221;<\/p>\n<p>On the Democratic side, Greenwich cable TV entrepreneur Ned Lamont,&nbsp;former Stamford Mayor&nbsp;Dannel Malloy, Simsbury First Selectman Mary Glassman, Ridgefield First&nbsp;Selectman Rudy Marconi, and former state Rep. Juan Figueroa of Meriden are battling for the Democratic nomination.<br \/>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republican candidate Oz Griebel says he would tackle the state&#8217;s budget crisis in the same way he did in the private sector &#8211; by cutting expenses and consolidating operations. Griebel is running among a group of Republicans who are currently behind in the latest Quinnipiac University and Rasmussen polls to Republican front-runner Tom Foley of [&hellip;]<\/p>\n","protected":false},"author":4001,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-537312","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/537312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4001"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=537312"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/537312\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=537312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=537312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=537312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}