Apr 01 New Ryan budget same as the old Ryan budgets By Domenico Montanaro, Terence Burlij House Budget Committee Chairman Paul Ryan's budget blueprint for the 2015 fiscal year bears close resemblance to the proposals put forward the last few years by the Wisconsin Republican. Democrats are already sharpening their knives, hoping to use the familiar… Continue reading
Mar 28 How the Garamond typeface could be worth $100 million in government savings By Justin Scuiletti A 14-year-old student thinks he has calculated a way to save the U.S. government more than $100 million per year, and it’s as simple as changing typefaces. The answer is to require all printed documents to be written in… Continue reading
Mar 17 What is Obama trying to cut from Social Security? By Laurence Kotlikoff Seizing on an ambiguous clause about Social Security in President Obama's 2015 budget, Larry Kotlikoff argues that the administration should be doing a lot more to reform our nation's retirement system. Continue reading
Mar 10 Obama economists: Economic outlook could be rosier if Congress passes budget By Jim Kuhnhenn, Associated Press WASHINGTON -- President Barack Obama's top economists say the nation is on track to make economic progress over the next two years, but say it would do even better if Congress would enact the additional spending he proposed in his… Continue reading
Mar 05 China plans to boost defense spending by 12 percent By Andy Swab The Chinese government announced Wednesday that their defense budget will increase by 12.2 percent, nearly 808 billion yuan, for the 2014 fiscal year. In U.S. dollars, China will be boosting its defense budget from $117 billion to approximately $132 billion,… Continue reading
Feb 25 Watch ‘Beloved’ A-10 Warthog aircraft may not survive Pentagon attack By Justin Scuiletti Continue watching
Feb 24 Watch How will proposed military savings affect strategy and security? By PBS News Hour Continue watching
Feb 20 New Obama budget proposal abandons Social Security cuts By Jim Kuhnhenn, Associated Press The White House says President Barack Obama's upcoming budget proposal will not include his past offer to accept lowered cost-of-living increases in Social Security and other benefit programs. Those had been a central component of his long-term debt-reduction strategy. Officials… Continue reading
Feb 12 Boehner throws in the towel on debt ceiling fight By Terence Burlij, Simone Pathe House Speaker John Boehner listened to his inner Kenny Rogers Tuesday, abandoning his search for a debt ceiling compromise that could win favor with his members and forcing Democrats to come up with most of the votes needed to pass… Continue reading
Feb 04 Budget deficit to drop to $514 billion, lowest of Obama years By Andrew Taylor, Associated Press The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday. Continue reading