The National Weather Service is feeling the effects of automatic budget cuts but says it was still able to give ample warning of Monday’s deadly tornado in Oklahoma. The agency says it issued a tornado warning 16 minutes before Monday’s massive twister developed in Moore, giving thousands of residents time to take shelter even as [...]
What is the single biggest economic problem facing people early in this century? It is not the budget deficit or national debt. It is the...
In a piece titled, “Anyone regret slashing National Weather Service budget now?” Salon writer David Sirota links the tornado in Oklahoma to the sequester, arguing that we should be as prepared as possible for severe weather events, “...Show More Summary
The Pentagon has been complaining for years that the impending budget cuts – slated to return it to 2007 levels of spending – will cripple national security. Kind of hard to believe there aren’t smart reductions yet to be made after checking out this Government Accountability Office report released Wednesday. Show More Summary
By Felix Salmon: (click to enlarge) Ezra Klein has a good summary of the latest CBO budget projections, which show that the national debt really isn’t going to be a problem at any point in the foreseeable future. The deficit isn’t going away, of course: the smallest it’s likely to get, according to the CBO, is $378 billion, or 2.1% of GDP, in 2015. Show More Summary
Director Mueller was on Capitol Hill today speaking to the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies about the threats faced by the nation—and addressed by the Bureau—as well as the resources needed to combat them.
The Heritage Foundation recently issued a comprehensive report showing that Sen. Marco Rubio’s plan to instantly legalize 11.5 million illegal immigrants would add $6.3 trillion to the nation’s budget deficits over the next 50 years....Show More Summary
The Heritage Foundation recently issued a comprehensive report showing that Sen. Marco Rubio's plan to instantly legalize 11.5 million illegal immigrants would add $6.3 trillion to the nation's budget deficits over the next 50 years. Heritage assumed there are 11.5 million illegals, but... -
Ezra Klein has a good summary of the latest CBO budget projections, which show that the national debt really isn't going to be a problem at any point in the foreseeable future.
By CarlNOW can we start spending some money to fix the nation? Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government's annual deficit is shrinking far faster than...Show More Summary
Federal courts officials have asked the White House for emergency funding, saying the judiciary does not have the budget flexibility to absorb the large mandatory budget cuts that have caused furloughs in the nation's federal public defender and court offices....
On Tuesday, the Congressional Budget Office revised its estimates about the federal deficit, and it was music to fiscal hawks' ears. "If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion," the CBO says. Show More Summary
The latest employment figures show average earnings growth at its lowest level on record - intensifying the squeeze on household budgets.The Office for National Statistics (ONS) said that wage growth, excluding bonuses, was measuredShow More Summary
The 2013 Defence White Paper (the White Paper) addresses the range of significant international and domestic developments which influence Australia’s national security and defence settings, including their impact on force posture, future force structure and the Defence budget. Show More Summary
When Australian Treasurer Wayne Swan delivered the national budget yesterday, he blamed the nation’s $17.8 billion deficit on the stubbornly high Australian dollar, softening company-tax revenue and a slowdown of the China-driven mining sector. Show More Summary
The Government has just handed down a Budget with a stunning $19 billion deficit instead of the promised surplus. The nation’s finances are in…
The CBO has released its latest budget projections, and guess what? The medium-term national debt has stabilized. Hooray! You might still not be happy about this. Maybe you won't be happy until debt drops back down to Carter-era levels. Show More Summary
“Families who are living in poverty did not spend this nation into debt, and we should not be trying to balance the budget on their backs.” - Kirsten Gillibrand
You are not in Frisco, and neither am I. Two reasons I skipped this Texas trip: Conserve the travel budget ahead of the U.S. national team’s heavy summer calendar. Given D.C. United’s record, it’s getting harder to justify covering this … Continue reading ?
April's budget surplus is good news, but it won't last.