WASHINGTON – Connecticut lawmakers were split Friday over a massive defense bill that would authorize billions of dollars for the state’s defense industry but has provoked a veto threat from President Obama for boosting military spending in an account that’s out of the reach of a spending cap.
Ohio Class Submarines
Posted inMoney, Politics
Obama budget would boost CT military spending
WASHINGTON – President Obama’s new budget would dramatically increase spending on F-35s and other military programs that are important to Connecticut’s economy. It would also boost funding of public works and establish a series of new programs aimed at easing the financial burden on students and working families
Posted inMoney, Politics
Defense bill has billions for new sub class, other CT-made weapons
WASHINGTON – The defense authorization bill making its way through Congress containins billions for submarines, helicopters and other weaponry made by companies in the state. It includes a special $3.5 billion fund for a new class of submarines that could be built by Electric Boat in Groton.
Posted inPolitics
Electric Boat wins big with approval of funding of new nuclear sub
WASHINGTON – Benefiting from the Pentagon’s plans to “rebalance” the U.S. military, Electric Boat is a big winner in a $600 billion defense authorization bill that is expected to soon win House approval.