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.

Posted inNews

F-35 program facing new challenges

WASHINGTON – Lockheed Martin, maker of the F-35, whose engines are produced by Pratt & Whitney, recently held a glitzy reception in the atrium of the Rayburn House Office Building, complete with a buffet and the chance to “fly” the F-35 in a cockpit simulator, to press home a point — don’t cut funding for the program. The F-35 Joint Strike Fighter faces a host of challenges.

Posted inPolitics

CT lawmakers tackle Social Security solvency problem

WASHINGTON – Connecticut lawmakers are promoting a plan they say would shore up the solvency of the Social Security system for 75 years — and give about 11 million seniors a tax break. U.S. Rep. John Larson, D-1st District, and U.S. Sen. Richard Blumenthal, D-Conn., introduced bills in the House and Senate Tuesday they say would eliminate a projected shortfall in the Social Security program.

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