The agreement, which increases spending for both “guns and butter,” was reached just days before the current plan expired, averting a government shutdown.
federal budget
Posted inJustice, Money, News, Politics
Blumenthal expects Congress will restore pay for Coast Guard
NEW LONDON – U.S. Sen. Richard Blumenthal pledged Monday to introduce legislation to restore wages for all U.S. Coast Guard personnel, about 43,000 individuals whose pay will be suspended Tuesday as part of the ongoing federal shutdown.
Posted inMoney
‘Donor state’ Conn. gets more than its fair share of federal contracting dollars
WASHINGTON– Connecticut pays more in taxes than it gets back in federal dollars, but when it comes to federal contracting dollars, the state receives more money than most and this could be a banner year.
Posted inNews
Malloy pledges millions in state aid as EB ramps up sub production
WASHINGTON — Gov. Dannel P. Malloy on Tuesday pledged tens of millions of dollars in state funds, loans and tax breaks to help Electric Boat ramp up for increased submarine production in Connecticut.
Posted inHousing, Money, News, Politics
Trump budget calls for huge increases in CT-made subs, ‘copters
WASHINGTON — President Donald Trump’s new budget would dramatically boost spending on the Virginia-class and Columbia-class submarines built by Electric Boat in Connecticut and sharply increase the Pentagon’s purchase of Sikorsky helicopters in the next federal fiscal year. While those increases may be approved by Congress, much of Trump’s budget was considered DOA.
Posted inHealth, Money, Politics
Congress funds children’s health program, but not health centers
Coverage of children who depended on HUSKY B lurched from month to month before Congress approved the continuing resolution that ended the shutdown. But there was no funding for community health centers, which serve many HUSKY B children and Medicaid recipients.
Posted inMoney, Politics
Congress turns its sights on budget mess that has special impact in CT
WASHINGTON — Consumed by its effort to pass a federal tax overhaul this week, Congress has failed to pass a budget that would keep the federal government operating past midnight on Friday. Attempts to find a solution to this problem will have their impact in Connecticut, determining how long the state can continue a health program for children and how long its defense contractors can hire new workers.
Posted inNews
Obama budget would cut Black Hawks, F-35s, boost Pell grants, Head Start
WASHINGTON — President Obama’s 2017 proposed budget, released Tuesday, would sharply cut funding for Connecticut -made Sikorsky Black Hawk helicopters and trim the number of F-35s the Pentagon would buy, while boosting spending on certain domestic priorities.
Posted inMoney, Politics
Federal budget bill good for CT defense, health insurance industries
WASHINGTON — The federal government’s proposed $1.1 trillion budget deal will please Connecticut health insurers, defense contractors and early childhood education advocates; but disappoint those seeking more federal heating aid and country-of-origin labeling on beef and pork.
Posted inNews
Train safety, gun checks, Medicare premiums among issues affecting Connecticut
Congress delayed for years the deadline for implementing a train safety system and passed a two-year budget that will help Connecticut defense contractors and Medicare recipients. Connecticut students received a mixed report card from the U.S. Department of Education, and whether Pratt & Whitney won a big engine contract remained a military secret.
Posted inMoney, Politics
CT defense industry big loser in federal budget stalemate
WASHINGTON – With only days to act remaining, Congress is once again on the brink of a fiscal crisis that will have a special impact on Connecticut’s $13 billion defense industry.
Posted inPolitics
Pentagon’s woes are Sikorsky’s woes
WASHINGTON – Restrictions on Pentagon spending and uncertainty over federal government budgets are key reasons the company is considering selling or spinning off Sikorsky Aircraft, United Technology CEO Greg Hayes said.
Posted inNews
High-income CT sends U.S. more in taxes than it gets back
WASHINGTON – When it comes to federal dollars, is it better for Connecticut residents to give or to receive? It depends on who you ask. Connecticut is among about 14 states receiving less in federal dollars than its residents pay in federal taxes.
Posted inNews
CT defense industry wins big in U.S. budget bill
Washington – The massive omnibus spending bill creates winners and losers – and at first blush it seems that Connecticut is chiefly in the winner’s column.