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Budget Control Act

Automatic Budget Cuts Could Hit Pentagon Harder This Year

Reuters | David Alexander | Posted 01.23.2014 | Politics

WASHINGTON, Oct 24 (Reuters) - Months after the U.S. military was hit with a $37 billion budget cut that threw it into turmoil and confusion, the Pe...

Fed Chairman Yellen Will Boost Economic Growth

Harlan Green | Posted 12.12.2013 | Business
Harlan Green

If we need any more evidence that Janet Yellen should be the next Federal Reserve Chairperson, it was the decision by the Fed Governors to continue th...

Ask a Keynesian: With U.S. Borrowing Capped, Won't More Pentagon Spending Destroy Jobs?

Robert Naiman | Posted 01.23.2014 | Politics
Robert Naiman

The Grand Bargain is essentially about taking money from middle income people through Social Security cuts and tax increases and giving the money to the Pentagon for unnecessary Pentagon spending.

Jennifer Bendery

Democratic Lawmaker Grumbles About His Party Caving On Sequestration

HuffingtonPost.com | Jennifer Bendery | Posted 10.01.2013 | Politics

WASHINGTON -- In the midst of a partisan war over funding the government, one House Democrat fumed Monday night that his party leaders aren't fighting...

Three Hundred Million Dollars of Junk

Reese Schonfeld | Posted 08.03.2013 | Politics
Reese Schonfeld

The message we should take from all this is that weapons being built for particular needs may be obsolete before they are finished.

Sequester: How People Helping the Jobless End Up Jobless

Rachel Unruh | Posted 07.16.2013 | Politics
Rachel Unruh

What my son's generation (including the children whose parents will lose their jobs because of the sequester) have learned is that Congress does not make policy through a proactive, affirmative process, but instead by not acting at all.

Ryan Budget Hits Non-Defense Discretionary Funding Far More Than Sequestration Does

Joel Friedman | Posted 05.14.2013 | Politics
Joel Friedman

Given the extent to which this part of the budget is already shrinking, there's simply no way to cut it by more than an additional $1 trillion without causing significant harm both now and in the future.

Jason Linkins

Not Many People Noticed Or Cared About That Spat Between Bob Woodward And The White House

HuffingtonPost.com | Jason Linkins | Posted 03.06.2013 | Politics

Hey, everybody. Remember last week's huge kerfuffle over Bob Woodward, and his spat with the White House over an obsequious, groveling apology that Ge...

Jason Linkins

And Now It's Not Clear That Bob Woodward Understands What 'Regret' Means

HuffingtonPost.com | Jason Linkins | Posted 02.28.2013 | Politics

The hilarious sideline story to this week's coming season finale of "Sequestration: The Musical" continues to be the whole Bob Woodwardämmerung B-plo...

Jason Linkins

It Would Seem That Bob Woodward Does Not Understand How The Constitution Works

HuffingtonPost.com | Jason Linkins | Posted 02.27.2013 | Politics

The threat of the looming sequester is a genuinely good reason to get very stressed out about what might happen to the domestic discretionary budget a...

Jason Linkins

Looking Forward In Angst: Sequester Journalism Is In Serious Need Of Adult Supervision

HuffingtonPost.com | Jason Linkins | Posted 02.26.2013 | Politics

I don't know if last week's David Brooks column was the first time he'd ever contended that President Barack Obama lacked a plan to replace the loomin...

Sequester Cuts Should Be Made to Fall Hardest on Tea Party Districts

Paul Abrams | Posted 04.22.2013 | Politics
Paul Abrams

Because the Tea Party types consider government spending to be evil, corrupting, dependency-producing and tyrannical, they should greet their disproportionate reduction with dancing and flowers.

Obama Pressing Case As Cuts Loom

Posted 02.19.2013 | Politics

By JULIE PACE, THE ASSOCIATED PRESS WASHINGTON — Facing yet another fiscal deadline, President Barack Obama is urging congressional Republicans t...

Obama Calls To Fix Looming Cuts

AP | JIM KUHNHENN and ANDREW TAYLOR | Posted 04.07.2013 | Politics

WASHINGTON -- President Barack Obama is asking Congress for a short-term deficit reduction package of spending cuts and tax revenue that will delay th...

Michael McAuliff

New Republican Stalling Tactic In Senate

HuffingtonPost.com | Michael McAuliff | Posted 12.17.2012 | Politics

WASHINGTON -- After complaining much of the year that Senate Democrats have not passed a federal budget, Republicans are now using the budget they say...

Saving Face on the Bush Tax Cuts: How Everyone Can Claim Victory

Paul Abrams | Posted 02.01.2013 | Politics
Paul Abrams

The Republicans have lost the public. They lost the election. The American people overwhelmingly support raising tax rates on incomes over $250,000.

We Pay More

Carl Gibson | Posted 12.26.2012 | Politics
Carl Gibson

I pay more. So do you -- either as a percentage of our income, as an effective federal tax rate, and even as a dollar amount compared to our corporate counterparts.

52 Reasons to Vote for Obama: #22, $1 Trillion in Spending Cuts

Bernard Whitman | Posted 12.03.2012 | Politics
Bernard Whitman

So far, Barack Obama has signed $2 trillion of spending cuts into law, and spending under the Obama administration has grown more slowly than under any president in sixty years. In fact, federal spending grew about six times faster under Reagan and Bush than it has grown under Obama.

Jason Linkins

Paul Ryan Now Denies Having Voted For Act He Heralded As A 'Huge Cultural Change' For Congress

HuffingtonPost.com | 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 -...

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...

Where Defense Ends, Strategy Begins

Christopher Holshek | Posted 08.10.2012 | Politics
Christopher Holshek

Sequestration notwithstanding, the whole polemic about peace, national security, and defense needs a fresh approach, not just because our old modus operandi no longer works -- we simply can't afford it anymore.

Defense Contractor Time Machine: Less Spending, More Jobs, Analysis Reveals

Ben Freeman | Posted 10.08.2012 | Politics
Ben Freeman

For nearly a year, defense contractors have been arguing that potential cuts in Pentagon spending could have a devastating effect on jobs. But would it?

Buck Mckeon's Big Job Scare Goes Bust

Winslow T. Wheeler | Posted 09.22.2012 | Politics
Winslow T. Wheeler

As the economic news continued to show poor job growth, Rep. Buck McKeon, and defense contractor Lockheed-Martin saw a major opportunity to protect the defense budget and their bottom lines.

The Fiscal Cliff and the Political Chasm

Robert Kuttner | Posted 09.21.2012 | Politics
Robert Kuttner

For more than a decade, deficit hawks and their allies in the media have been promoting a grand bargain whereby Republicans agree to tax hikes and Democrats agree to cut social programs like Social Security and Medicare. That, in turn, will put the deficit on a downward path and presumably restore economic growth. The trouble with this premise is that the current deficit is mainly the result of the recession itself plus the Bush tax cuts and military spending increases. It has nothing to do with Social Security; the projected increases in Medicare spending are only the result of failure to tackle deeper health care reform.

For Barney Frank's Legacy: Pass the Mulvaney Amendment

Robert Naiman | Posted 09.17.2012 | Politics
Robert Naiman

If the House can vote to cut military spending now, that will make it more likely that military cuts can replace domestic cuts in the big deal.