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Labor vows political fallout from Himes trade stance

WASHINGTON — Rep. Jim Himes is in Germany with President Obama for the G-7 meeting of major world economic powers, evidence of the president’s success in influencing key members of his party to vote for a trade measure considered a poison pill for most Democrats. Immediately, organized labor said there would be a political price to pay for Himes’ support on the trade bill.

Posted inMoney, Politics

CT says it has six months of transportation funds if Congress fails to act

Washington — The law that authorizes federal transportation spending in Connecticut and across the nation runs out at the end of the month, and the fund that pays for that spending is expected to go broke two months later, but Connecticut says it has funding in place for at least six months’ worth of projects if Congress fails to act in time to avert the looming crisis.

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