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.

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.

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...

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

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...

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...

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.

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

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

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

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

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.

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.

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 -...

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...

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.

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?

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.

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.

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.

WASHINGTON -- The House on Thursday passed its plan to spare the military's growing budget from mandatory cuts, instead slashing Medicaid, benefits fo...

By David Lawder WASHINGTON--Republicans in the U.S. House of Representatives pushed back on Wednesday against suggestions that their drive for ...

The president's budget proposal recognizes some basic truths: we cannot speed up economic recovery without investments that create jobs and increase workers' readiness to do those jobs.

Here is a partial list of amendments of interest to those who wish to cut the military budget. The first two -- accelerated military withdrawal from Afghanistan and establishing a commission on the closing of foreign military bases -- are my personal favorites.