Office of Military Affairs cites 'very bright' future for Connecticut defense economy
Connecticut ranked eighth in contracts for defense spending in fiscal year 2021 — down from sixth the previous year.
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Connecticut ranked eighth in contracts for defense spending in fiscal year 2021 — down from sixth the previous year.
Connecticut companies in 2021 received $11.1 billion in defense prime contracts – meaning contracts valued at $7.5 million or more – and “the future is extremely bright for Connecticut’s submarine ind...
Government spending is enormous, and so is the debt, which is now close to 100% of GDP.
A few Republican members of the U.S. House disrupted Speaker McCarthy's campaign for the position to enact fiscal restraint.
House Republicans are planning to cap 2024 spending at fiscal year 2022 levels, a move which could lead to a $75 billion cut in the U.S. defense budget.