He was reticent to tussle with reporters when he first shifted his US Senate candidacy to governor last year, but Tom Foley of Greenwich, the former Bush administration ambassador to Ireland, showed some schooling this morning during a 39-minute Q and A with state political reporters. Borrowing to cover the operating deficits, like the $1.3-billion Gov. Rell wants to borrow against future revenue “is a mistake. In the business world, that’s the beginning of a death spiral for business.” Last year, Rell and Democrats also closed the 2008-2009 budget by borrowing $900 million. “Again, it just shows that the Legislature here is unwilling to consider the severity of the problem and start attacking the expense problem, which is causing all these problems.”
