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WASHINGTON, DC – Congressman Joe Courtney today announced that Groton-based Electric Boat secured a $91,151,493 contract modification from the U.S. Navy to develop and update design drawings, and evaluate new technology for Virginia-Class submarines. Ninety-one percent of the work will be performed at Groton, with the remainder completed at Newport News, Quonset, and Newport. According to the Navy, work is expected to be completed by September of 2012. The contract will be supported by EB's engineering and design operation, which includes more than 3,000 employees.
WASHINGTON, DC – Congressman Joe Courtney today applauded new initiatives by President Obama to help students repay their federal student loans. The initiatives include a new income-based repayment plan, which will allow borrowers to cap their student loan payments at 10 percent of their discretionary income. The Administration's new "Pay As You Earn" proposal will make these benefits available to some borrowers as early as 2012, and will reduce monthly payments for as many as 1.6 million borrowers nationwide.
WASHINGTON, DC – Congressman Joe Courtney today release the following statement after President Obama announced that all U.S. military forces will be withdrawn from Iraq by year's end:
WASHINGTON, DC – Congressman Courtney and his wife Audrey today began the week-long SNAP (Supplemental Nutrition Assistance Program) Challenge, a program of the New London County Food Policy Council, to highlight the challenges facing families that receive SNAP benefits in eastern Connecticut.
WASHINGTON, DC – Congressman Joe Courtney today applauded the Social Security Administration's 3.6-percent cost-of-living adjustment (COLA) for Social Security beneficiaries in 2012. The COLA will begin with benefits that nearly 55 million Social Security beneficiaries receive in January 2012. Increased payments to more than 8 million SSI beneficiaries will begin on December 30, 2011.
WASHINGTON, DC – Congressman Joe Courtney today applauded the Commodity Futures Trading Commission (CFTC) after it voted to approve position limits on participants in key energy and agricultural commodity contracts. Once implemented, the new limits will reduce the influence of speculators who have driven up gas prices across the country.
WASHINGTON, DC – Congressman Joe Courtney today announced that the U.S. Navy awarded Groton-based Electric Boat (EB) a $429.1 million contract modification for design, planning and technical support for the Navy's active nuclear submarines. The contract will be incrementally funded, and 73 percent of its work will be performed at Groton.
WASHINGTON, DC – At a hearing of the House Armed Services Committee today, Congressman Joe Courtney asked Sec. of Defense Leon Panetta to explain his views on the role of the submarine fleet in handling current and future threats.
New Haven, CT — Representatives Rosa DeLauro (CT-3), John Larson (CT-1), Joe Courtney (CT-2), Jim Himes (CT-4), and Chris Murphy (CT-5) praised the U.S. Department of Agriculture's disaster declaration for the state of Connecticut today.
WASHINGTON, DC – Congressman Joe Courtney today applauded the U.S. Department of Agriculture's (USDA) approval of Disaster Assistance to New London County. The county was declared eligible because it is contiguous to Rhode Island counties that were declared Primary Natural Disaster Areas as a result of Tropical Storm Irene.