With a July 1 deadline looming, it seems unlikely that Congress will be able to stop interest rates on new federal student loans from doubling. But there may be time to address the situation before classes begin next fall.
About 7 ½ million students nationwide pay for a portion of their college tuition through subsidized Stafford Student loans. Right now, interest rates will go from 3.4% to 6.8% on July 1st.
"There is a window of opportunity for Congress to still act."
More than six months have passed since Superstorm Sandy devastated the tri-state region and many people are still struggling. Money from the congressional Sandy relief bill is already helping those in New York and New Jersey. But Connecticut lags behind.
In Fairfield Beach, you can hear the constant whir of construction. Some recently raised homes look like they’re standing on long stilts 12 or 14 feet above ground. Many others are marked for demolition or are already empty lots.
It’s been five months since Superstorm Sandy devastated the tri-state area. And now, New York, New Jersey and Connecticut are working on preparing for the next storm. Congress has allocated some money for that purpose, but very little of that will go to Connecticut.
So, let’s say Where We Live was like the federal budget, and because of some self-imposed deadline, our show was subject to a “sequester” - A cut of 2.3%.
Well, you’d lose about 1 and a quarter minutes off the show. Doesn’t seem too bad, right? But what if it was completely arbitrary - cutting the first minute that explains what we’re talking about, or the precise moment our guest Bill Curry says something that might change your world. Doesn’t sound the the best way to trim things, huh?
Although national Democrats are running ads in Connecticut connecting Republican Andrew Roraback to the tea party, his opponent Elizabeth Esty distanced herself from the attacks. "I don't say that and I've said I don't say that," said Esty. She added that if a Republican is elected from Connecticut's 5th District, "What you've done is added another vote, added more support at the national level for the national (Tea Party) agenda."
Esty pointed to a larger problem with the Citizens United ruling and campaign finance.
Congressman Joe Courtney has sponsored a bill that could help veterans who are in school or planning to enroll using the Post 9-11 GI bill. The legislation would change how education funding is classified from the Departments of Defense and Veterans Affairs.
Connecticut GOP Senate candidates Rep. Christopher Shays and Linda McMahon shake hands at a June 14 debate in Storrs. State Republicans vote Tuesday on which candidate will move on to the general election.
Baseball season puts us in mind of those great baseball names -- Van Lingle Mungo, Prince Fielder, Napoleon Lajoie, Nestor Chylack, Rabbit Maranville and Lancelot Phelps.
Actually ... Lancelot Phelps wasn't a baseball player. He was the first person elected to Congress from Connecticut's Fifth District. And since that time, the frequently redistricted Fifth has elected Connecticut's only African-American member of Congress - Gary Franks - and a fellow named John Rowland.
A 2004 law requires a certain percentage of federal contracting dollars to go to small businesses owned by service disabled veterans. But a recent inspector's report from the Department of Defense finds that in 2010, more than two dozen contracts were awarded to companies that weren't eligible.
Lawmakers in Washington are considering a bill to reauthorize the No Child Left Behind Act. Connecticut Senator Richard Blumenthal plans to introduce an amendment that raises similar concerns as his 2005 lawsuit over the education reform law.
Federal lawmakers spent the weekend working on ways to break the standstill in budget talks. While there is still hope that lawmakers can come up with a package of spending cuts and taxes, including President Obama's $4 trillion so called grand bargain, with an August 2 deadline quickly approaching, a simple raise of the debt limit, as proposed by Senate Minority Leader Mitch McConnell will be the more likely outcome.
Here to talk about reaction from Connecticut's congressional delegation is the Connecticut Mirror's Washington correspondent Deirdre Shesgreen.
Deficit cutting negotiations with President Obama and Congressional leaders continued yesterday with no apparent progress. Time is running short to raise the government's debt limit. We talk to Congressman John Larson about the impasse.
One year ago today President Obama signed into law his health care reform bill, the Patient Protection and Affordable Care Act. Today at the state Capitol a host of supporters, including most of Connecticut's Washington delegation, will join together to celebrate the anniversary. We checked in with Judith Stein, the executive director of the Center for Medicare Advocacy, to hear how this law has affected Connecticut residents over the past year.
As the world watches the nuclear crisis unfolding in Japan, Federal lawmakers, including Connecticut's Washington delegation are rethinking nuclear power. We talk to the Connecticut Mirror's Washington correspondent Deirdre Shesgreen. So what are Connecticut lawmakers saying?
The mood was electric as supporters waited to see the president. Bridgeport Mayor Bill Finch, Gubernatorial candidate Dan Malloy, and U.S. Senate candidate Richard Blumenthal warmed up the crowd, calling on voters to get to the polls and urge everyone they know to do the same on Tuesday.
Republican Linda McMahon called herself the "underdog" on Sunday, even as she disputed recent polls showing her behind Democrat Richard Blumenthal and touted a sophisticated field operation assembled by her $42 million-plus U.S. Senate campaign.
"I like being the underdog," McMahon told a crowd of several hundred well-heeled voters at a Republican rally in Darien. "We are undaunted."