If you aren’t nervous, you should be. The President is, once again, talking about a “balanced approach” to fixing sequestration—the across-the-board budget cuts scheduled to hit America. Translation: your pocketbook is threatened. The last time the President negotiated a “balanced” package was January’s fiscal cliff deal. He said that only …
Pyongyang again disobeyed international efforts to rein in the recalcitrant regime by conducting its third nuclear test. North Korea announced it successfully conducted a test of a “miniaturized and lighter nuclear device with greater explosive force than previously.” Coupled with its successful launch of a long-range missile in December 2012, …
While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just last month will provide no lasting improvement in the federal government’s fiscal outlook. This is because spending continues to grow, driving deficits back toward the …
In another stunning failure of leadership, President Obama today asked Congress to delay the scheduled across-the-board spending cuts, including those that will decimate the national defense budget—but once again offered no specific policies that he would support. “Obama did not outline a specific proposal,” wrote The Washington Post, but he …
Army Chief of Staff General Ray Odierno claimed on January 24 that if there is not a legislative solution to the long-standing budget impasse soon, “we will create a hollow force,” drastically hampering military readiness even further. Chief Naval Officer Admiral Jonathan Greenert finally recognized on Friday that if sequestration …