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Day One on the Edge of the Human Cliff

Tim Delaney | Posted 12.01.2012 | Business
Tim Delaney

When Congress passed the Budget Control Act last year, it launched a "sequestration" process mandating massive spending cuts if it failed to reduce the deficit by the end of 2012. The full federal fiscal year officially begins today.

Sarah Bufkin

Estate Tax Reform Could Be Key To Avoiding 'Fiscal Cliff' | Sarah Bufkin | Posted 09.25.2012 | Politics

WASHINGTON -- If the estate tax is restored to a level similar to its rate before the Bush-era tax cuts went into effect, the federal government could...

Generation Sequestration: A Call to Action

Kathryn Salucka | Posted 11.20.2012 | Politics
Kathryn Salucka

As the Chicago Teacher's strike appeared over and over on the news, I began to think about what an evaluation of another group of public employees may unearth -- the performance and efficacy of our Congressmen and women.

Avoiding a Double-Dip Recession Doesn't Require Extending the Bush Tax Cuts

Andrew Fieldhouse | Posted 11.19.2012 | Politics
Andrew Fieldhouse

The "fiscal cliff" is a terrible metaphor -- it implies an all-or-nothing choice between continuing all current budget policies and running smack into the legislated trajectory for fiscal policy.

One Of Washington's Most Powerful Groups No Longer Safe

Reuters | Posted 11.19.2012 | Politics

* Budget knife cuts industry clout * Has spent billions to cultivate Congress By Andrea Shalal-Esa and Marcus Stern ...

David Wood

Former Defense Secretary Gates Blasts 'Zealots' For Impending Fiscal Crisis | David Wood | Posted 09.17.2012 | Politics

WASHINGTON -- In a blistering attack on Washington for failing to confront the nation's worsening debt and budget problems, former Defense Secretary R...

Don't Lay America's Debts on Vets' Shoulders

Jeremy Hilton | Posted 11.14.2012 | Politics
Jeremy Hilton

This is a call to action for all military men and women, the veterans that came before them, and the families that support them both.

Jennifer Bendery

House GOP Votes To Save Defense Funds They Had Voted To Slash | Jennifer Bendery | Posted 09.14.2012 | Politics

WASHINGTON -- House Republicans on Thursday passed a bill to preserve defense spending in the event that Congress can't reach a budget deal this year ...

Doesn't Gov. Romney Know Where Sequestration Came From?

Scott Lilly | Posted 11.12.2012 | Politics
Scott Lilly

Romney is correct to call the nation's attention to the sequestration. But his problem in solving the issue is not with President Obama but with the extremists in his own party that created it in the first place.

A Forced End To Jury Duty?

AP | MARK SHERMAN | Posted 11.11.2012 | Politics

WASHINGTON — Federal civil jury trials in the United States probably would grind to a halt if Congress fails to reach a budget deal and $600 bil...

Republican Offers Up Medicare For More Cuts

The Huffington Post | John Celock | Posted 09.11.2012 | Politics

The Republican nominee for Arizona's open U.S. Senate seat, Rep. Jeff Flake, is being criticized in a new web ad for suggesting that Medicare be cut i...

Jason Linkins

Paul Ryan Now Denies Having Voted For Act He Heralded As A 'Huge Cultural Change' For Congress | Jason Linkins | Posted 09.11.2012 | Politics

If you want to tell me that the so-called "super committee" -- empaneled last year as a last-ditch attempt to reach a compromise on budget alignment -...

Romney Rules Out Defense Budget Cuts

The Huffington Post | Luke Johnson | Posted 09.10.2012 | Politics

GOP presidential nominee Mitt Romney vowed not to use the military to help balance the budget in an interview Saturday with a Virginia Beach televisio...

Unfounded Hand-Wringing Over Military Spending Cuts

Benjamin Zycher | Posted 11.07.2012 | Politics
Benjamin Zycher

The large body of available evidence tells us that the economic and employment effects of military spending cuts are not relevant for policy choices, will not be significant in any event, and a reduction in defense outlays in fact may yield substantial benefits to the economy over the long run.

Swollen Military Spending Now Faces Sharp Cuts

Posted 10.29.2012 | Politics

The Pentagon, whose budget has nearly doubled in the past decade to $645.7 billion, may soon face new sequestration-related budget cuts of nearly $50 ...

Boosting the Small Business Administration Budget Will Cut Deficit

Lloyd Chapman | Posted 10.24.2012 | Small Business
Lloyd Chapman

If president Obama, Congress and the bureaucrats in Washington want to cut the deficit, the best way is to pump up federal programs for small businesses, which will create millions of jobs for the middle class and boost the taxes flowing into the nation's treasury.

Gov 2.0 and Cyberwar Mashup

Alan W. Silberberg | Posted 10.23.2012 | Technology
Alan W. Silberberg

Digital bullets might be replacing real bullets but when whole systems like water, electricity, or transportation go down due to hacking, cyberwar or cyber economic espionage; the effect could be the same.

National Parks Birthday: Time to Renew a National Commitment

Tom Kiernan | Posted 10.21.2012 | Green
Tom Kiernan

From the shores of Acadia to the battlefields at Gettysburg, the petroglyphs at Mesa Verde and the bison that roam Yellowstone, our 397 national parks protect and preserve America's heritage.

What Sequestration Means for the Department of Defense

Joseph Blady, M.D. | Posted 10.21.2012 | Politics
Joseph Blady, M.D.

The real remedy, short of a budget compromise, should simply be to let sequestration set in but give the Pentagon the latitude to make its cuts at its own discretion. The result would be sort of a cleansing enema rather than disfiguring surgery.

Bipartisan Group Of Senators Push For Pentagon Audit Ahead Of Fiscal Cliff

The Huffington Post | Patrick Svitek | Posted 08.20.2012 | Politics

A bipartisan group of eight senators is keeping the Pentagon's finances in the legislative spotlight as Congress grapples with how to derail massive s...

The Threat of Sequestration: What Federal Leaders Should Be Doing Right Now

Tom Fox | Posted 10.18.2012 | Politics
Tom Fox

There is a general assumption, or at least the hope, that reasonable heads will prevail and sequestration will be avoided after several dramatic rounds of brinksmanship.

GOPers Travel To Battleground State To Warn Of Looming Action

AP/The Huffington Post | Posted 08.10.2012 | Politics

WASHINGTON -- A Republican tour warning of impending military cuts is hitting another presidential battleground state, Nevada. Three members of the...

America Meet Austerity

Patty Culhane | Posted 10.05.2012 | Politics
Patty Culhane

This is all happening because of last year's debate over raising the debt ceiling. At the time, Republicans demanded deficit reduction, but now the idea of cutting one trillion dollars over ten years has lawmakers in a tizzy.

Cliff Diving

Bill Schneider | Posted 10.03.2012 | Politics
Bill Schneider

"Jump! Run for your lives! We're about to go over the fiscal cliff!" That just about sums up the message coming out of Washington these days. Is there reason to panic? Not really.

A Little Consistency, Please

Paul N. Van de Water | Posted 10.03.2012 | Politics
Paul N. Van de Water

Those decrying the adverse economic consequences of looming budget cuts are often the very same people who claim that the 2009 fiscal stimulus didn't add jobs.