How to Cut $42 Billion in Spending in the FY 2014 Continuing Resolution
Congress is in the midst of debating spending levels in a fiscal year (FY) 2014 continuing resolution. It’s no surprise that the two chambers disagree… Read More
While Debt Crisis Looms, Washington Still Focused on Undoing Sequestration
Lawmakers are on track to bargain away the one spending cut they got. The Washington Post reports that President Obama and a group of Republican… Read More
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15 Pictures of Ridiculous Government Spending Guaranteed to Make You Mad
In 2013, federal spending approached $3.5 trillion. Now that’s hard to wrap your brain around. It’s about $27,700 for every American household. All across America,… Read More
Treasury Secretary Lew Ignores Real Debt Problem, Looming Crisis
U.S. Treasury Secretary Jack Lew suggested yesterday on NBC that “we have already done a lot of deficit reduction.” In reality, government spending and debt… Read More
Reid Throws Major Roadblock in Front of Tax Reform
Senate Majority Leader Harry Reid (D–NV) has just thrown a roadblock in front of tax reform that could stall the strong momentum that has been… Read More
ANALYSIS | Obama’s Economic Speech: Another Summer Rerun
President Obama traveled to Illinois today to give the same tired, worn-out economic speech he’s been giving for almost five years now. Rather than offering… Read More
Moody’s: Further Deficit Reduction Needed to Maintain Stable Outlook
Moody’s changed the outlook on the U.S. credit rating from negative to stable this week, citing improving deficits. While this is good news, policymakers should… Read More
Missile Defense: Independent Working Group Holds Valuable Seminar
In recent days, the House of Representatives and the Senate Armed Services Committee adopted different versions of the National Defense Authorization Act for fiscal year… Read More
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‘Tis the Season: Sequester Furloughs Start
Yesterday marked the beginning of sequestration’s furlough period. Most of the Department of Defense’s roughly 800,000 civilian workers will go without pay for about one… Read More
Senate Passes Bill That Fails to Fix Immigration and Border Security
“The Americans will always do the right thing,” Winston Churchill (who was half-American) once declared, “after they’ve exhausted all the alternatives.” The Senate proved today—in… Read More
