First Selectman Timothy M. Herbst, who filed an exploratory committee for statewide office in January, called an outlined concession deal between Gov. Dan Malloy, Democratic leaders and organized labor interests \u201csmoke and mirrors\u201d and said it did little to improve the state\u2019s finances. "This concession package is all smoke and mirrors designed by Malloy, Democratic insiders and big labor special interests to masquerade as real reform while in reality only papering over our state\u2019s rapidly crumbling fiscal foundation," Herbst said. "This is about insiders in Hartford trying to generate political cover to demand more sacrifice from struggling Connecticut families, retirees, towns and businesses by pretending big labor has already done it's part.\u201d Herbst urged Republican lawmakers in Hartford to oppose the deal. "Only lasting, structural reforms to our state's broken pension system can break Connecticut from this fiscal tailspin, stop the pattern of damaging tax hikes and local cuts and restore prosperity and jobs,\u201d he said. "The time for bold action and true reform is now. Tthe time for gimmicks, half-measures and kowtowing to big labor special interests is over."