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Debt Deal

The Guerilla Warfare of Pentagon Contractors

Ben Freeman | Posted 09.01.2012 | Politics
Ben Freeman

Defense contractors, in their relentless campaign to avoid reductions in Pentagon spending and, consequently, the hundreds of billions of taxpayer dollars they receive every year, have started taking hostages -- their own employees.

Harry Reid Moves To Draw Line In Sand On Debt Deal

AP | ALAN FRAM | Posted 07.22.2012 | Politics

WASHINGTON — Republicans will have to drop their insistence on retaining tax cuts for the rich and plans to reshape Medicare before there can be...

Recipe for a Double-Dip Recession

Robert Kuttner | Posted 06.01.2012 | Politics
Robert Kuttner

With the economy just barely on a path to durable recovery, some very dumb fiscal chickens are coming home to roost on January 1 of next year. This grim coincidence is known as the Triple Witching Hour.

Panetta: Congress 'Put A Gun To Their Heads' By Taking Big Risk

AP | JULIE WATSON | Posted 03.31.2012 | Politics

ABOARD THE USS PELELIU -- Defense Secretary Leon Panetta told U.S. Marines and sailors on Friday that Congress would be irresponsible if it doesn't ac...

Who Killed The Debt Deal?

The New York Times | Posted 03.28.2012 | Politics

Almost immediately after the so-called grand bargain between President Obama and the Republican speaker of the house, John Boehner, unraveled last Jul...

Why The 'Grand Bargain' Debt Deal Failed | Posted 03.18.2012 | Politics

President Obama had just arrived home, walking across Lafayette Square after attending Sunday services with his family at St. John’s Church. In the ...

Jennifer Bendery

Joe Biden: Eric Cantor Told Me, 'I'll Lose My Position' If I Cut A Debt Deal With You | Jennifer Bendery | Posted 03.13.2012 | Politics

WASHINGTON -- Vice President Joe Biden trashed congressional Republican leaders on Monday night for their failure to deliver on a debt deal last summe...

Joy Resmovits

How The Super Committee's Failure Hurts K-12 Spending | Joy Resmovits | Posted 11.23.2011 | Education

Seventy thousand teaching jobs. More than one billion in Title I grants to disadvantaged school districts. Nearly 900 million in funding for special e...

House Set To Take Major Vote

AP | JIM ABRAMS | Posted 01.18.2012 | Politics

WASHINGTON — Rejecting the idea Congress can't control its spending impulses, the House turned back a Republican proposal Friday to amend the Co...

Laura Bassett

Supercommittee Making Little Progress, Lawmakers Warn | Laura Bassett | Posted 11.14.2011 | Politics

Democrats and Republicans on the congressional supercommittee tasked with finding at least $1.2 trillion in federal savings are still far apart on a n...

John Boehner: Debt Deal Will Include New Tax Revenues

AP/The Huffington Post | Posted 01.04.2012 | Politics

WASHINGTON -- House Speaker John Boehner said Thursday that any bipartisan agreement reached by the congressional deficit-reduction supercommittee wil...

Ed Markey Leads Coalition to Cut Nuclear Weapons Budget

Joe Cirincione | Posted 12.14.2011 | Politics
Joe Cirincione

The first shots were fired on Oct. 11, when Rep. Ed Markey (D-Mass.) sent a letter to the 12 members of the supercommittee signed by 65 lawmakers.

Kyl Beats a Retreat from the Debt Supercommittee

Joel Rubin | Posted 11.08.2011 | Politics
Joel Rubin

The bottom line on Senator Jon Kyl's gambit to publicly pressure the supercommittee against more defense reductions is that it reveals that Kyl has no leverage on the issue.

U.S. Economy Slips In Worldwide Rankings

AP | JOHN HEILPRIN | Posted 11.07.2011 | Business

GENEVA — The U.S. has tumbled further down a global ranking of the world's most competitive economies, landing at fifth place because of its hug...

Congress' Approval Rating Hits Record Low

AP | LAURIE KELLMAN and JENNIFER AGIESTA | Posted 10.25.2011 | Politics

WASHINGTON — Americans are plenty angry at Congress in the aftermath of the debt crisis and Republicans could pay the greatest price, a new Asso...

Republican Congressmen Will Push For Balanced Budget Amendment

AP | By ANDREW TAYLOR | Posted 10.22.2011 | Politics

WASHINGTON -- As a "supercommittee" tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal:...

Defense Budget Cost-Cutters: Know Thy Patient

Dorian de Wind | Posted 10.21.2011 | Politics
Dorian de Wind

While all Americans must be called to sacrifice in these tough times, and while certain reforms in the system are called for, let us remember the sacrifices that are already inherent in a military career.

Farm Aid Shrinks As U.S. Debt Deal Means No Bailout

Bloomberg | Posted 10.20.2011 | Business

Extreme weather that is reducing yields of corn, wheat, cotton and soybeans is also taking a toll on smaller crops, leaving pockets of losses in a far...

Federal Agencies Warned To Prepare For More Cuts

AOL Government | Wyatt Kash | Posted 10.18.2011 | Politics

Federal agency and department leaders should plan for a 5 percent reduction in discretionary spending in fiscal year 2013, and prepare for more cuts -...

GOP Rep: Obama Riding In 'Darth Vader Bus'

Huffington Post | Paige Lavender | Posted 10.17.2011 | Politics

U.S. Rep. Louis Gohmert (R-Texas) criticized President Barack Obama's bus tour of the Midwest during an appearance on Fox Business Tuesday night. T...

Student-Loan Delinquencies Rise, Adding To Fears Of An Education Bubble

The Huffington Post | Alexander Eichler | Posted 10.17.2011 | Business

While the job market remains sluggish, student loan debt continues to rise, fueling fears that a higher-education spending bubble may be underway. ...

Rick Perry Makes Questionable Remarks About Global Warming

AP | STEVE PEOPLES | Posted 10.17.2011 | Politics

BEDFORD, N.H. — GOP presidential candidate Rick Perry told New Hampshire voters Wednesday that he does not believe in manmade global warming, ca...

Cuts to National Service Would Eliminate Life-Changing Opportunities for At-Risk Youth

Jim Ziolkowski | Posted 10.17.2011 | Impact
Jim Ziolkowski

We need to save service because service is the fabric of our nation. Service empowers people in the most challenging circumstances to lift up their communities and each other.

Obama Faces Perils Of The Presidential Getaway

AP | JULIE PACE | Posted 10.17.2011 | Politics

WASHINGTON — Is there ever really a good time for the president to go on vacation? President Barack Obama's summer getaway to Martha's Vineyard ...

Panetta: Bigger Defense Cuts Would Be Devastating

AP | ROBERT BURNS | Posted 10.16.2011 | Politics

WASHINGTON — Large new cuts in defense spending would "terribly weaken" U.S. national security, Defense Secretary Leon Panetta said Tuesday as h...