The U.S. military is on a dangerous course. Under the projected defense spending caps brought on by the Budget Control Act of 2011, funding for modernizing the military will be squeezed to a dangerous degree. That includes reduced spending on the procurement of new weapons and equipment and research and development …
On this day 70 years ago, President Franklin D. Roosevelt addressed a joint session of Congress and requested a declaration of war against Japan following the devastating attack on Pearl Harbor the day before. Roosevelt’s words carried forth across the nation via radio, and the consequences of the actions America would …
Newt Gingrich knows a thing or two about how Congress operates. The former lawmaker represented a Georgia district for 20 years and spent four of them leading the U.S. House as speaker. So when Congress approved the Budget Control Act, creating the 12-member Joint Select Committee on Deficit Reduction, Gingrich …
According to news reports, “Pentagon chief Leon Panetta vowed Wednesday to fight any across-the-board cuts to defense spending that could be triggered in the next phase of deficit reduction that he says could do ‘real damage to our security, our troops and their families, and our ability to protect the …
A half-dozen Republicans are lobbying Senate leaders to make the newly created Joint Select Committee on Deficit Reduction transparent in its operations and accessible to the American public. Their proposal includes public attendance at meetings and live television broadcasts. In a letter to Senate Majority Leader Harry Reid (D-NV) and Minority …
The congressional enactment of the Budget Control Act to increase the national debt limit was mostly a triumph of process, not substance. But substance cannot be avoided. The looming question is how this process will deal with the biggest entitlement challenge: Medicare. On Medicare, Congress has only two options: (1) …
Now that President Obama has signed the Budget Control Act into law following weeks of grueling debate, lawmakers are packing their bags and heading home for August recess. Both houses of Congress return the first week of September, but neither passed a formal adjournment resolution, denying Obama the opportunity to make …
Upon taking control of the U.S. House in January, Republicans implemented sweeping reforms to make the People’s House more transparent and accessible. Now they’ll have a chance to bolster their good-government credentials with the newly created Joint Select Committee on Deficit Reduction. Twelve lawmakers from the House and Senate will …
The Congressional Budget Office (CBO) announced yesterday that the Budget Control Act of 2011 would lead to $2.1 trillion in deficit reductions. But the CBO’s letter to congressional leaders is somewhat misleading. Table 3 of the document shows how much in discretionary and mandatory deficit reduction the CBO estimates would …
