by Onan Coca. In a speech on Wednesday off the coast of San Diego, outgoing Defense Secretary Chuck Hagel warned troops that the U.S. can’t afford its military personnel anymore.Troops are already bracing for the results of a report on Feb. 1, which will most likely not be friendly to military pay. The report is by the Military Compensation and ... MORE
Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts
Government Looks to Save Money by Cutting Military Pay
by Onan Coca. In a speech on Wednesday off the coast of San Diego, outgoing Defense Secretary Chuck Hagel warned troops that the U.S. can’t afford its military personnel anymore.Troops are already bracing for the results of a report on Feb. 1, which will most likely not be friendly to military pay. The report is by the Military Compensation and ... MOREThe 5 Most Troubling Things in Congress’ New Spending Bill
by Romina Boccia. Yesterday evening, the House of Representatives released its stopgap spending measure which blindly continues the bloated spending in the January omnibus bill that included special-interest handouts, wasteful and unnecessary energy spending, and transportation boondoggles. Instead of debating and voting on ... MORESteve Chapman: The FBI Prospers By Feeding Fear
Careful, he might be behind the tree. James Comey became FBI director last year, at a time when Osama bin Laden was dead, terrorism at home was on the decline and the United States was shrinking its inflammatory presence in the Muslim world. So naturally, he says the danger is way worse than you think. Referring to al-Qaida groups ... MORECalifornia Officials Dread Rail Project Trial
by Steven Greenhut. Those readers who are familiar with Judge Gideon Tucker's words that "No man's life, liberty, or property are safe while the legislature is in session," might chuckle that two good-news-for-taxpayers stories came out of Sacramento last week. They came, coincidentally, as legislators had left town to enjoy their spring ... MOREMatt Welch: Obama's Mourning In America
Presiding over diminished expectations. One of the best ways to survive the grotesque and empty power pageantry of Washington's annual State of the Union extravaganza is by visiting the University of California, Santa Barbara's online archive of past addresses and looking up the speeches that corresponded to where the current POTUS ... MOREWhy Republicans Are Surrendering On The Debt Ceiling
by Molly Ball. The last stage of grieving is acceptance. The first wave of Tea Party lawmakers strode into Congress in 2011 on a wave of denial and anger. They were angry at President Obama and business as usual in Washington. But they were also in denial about their power—or rather powerlessness—to change it. Three years later, the right-wingers ... MOREJohn Stossel: Budget Baloney
Regurgitating hope and change. This week, President Barack Obama proposed "a budget that will create new jobs in manufacturing and energy and innovation and infrastructure, and we'll pay for every dime of it by cutting unnecessary spending, closing wasteful tax loopholes!" What? I must have fallen asleep and woken up in 2008. That could ... MOREHouse Punts on Debt Ceiling, Cedes Power Of The Purse
by Robert Romano. A feckless gaggle of representatives. Last August, before a partial government shutdown occurred in the
ill-fated attempt to defund Obamacare, House Republican leaders were
reportedly urging their conference to just wait for the debt ceiling,
that that would be the time to achieve some concessions. On August 13, National ... MOREEd Krayewski: Four Washington Scandals That Still Matter
Despite the distractions. President Obama’s attempt to lead the United States into an intervention in Syria may have provided the White House a distraction from the summer of scandal, but they’re still there, festering. As the president waddles toward lame duck status, the various scandals will increasingly come to shape Obama’s second term. ... MOREReid J. Epstein: President's Cigarette Tax Up In Smoke
Fortunately, it just hot air all along. Remember the cigarette tax hike President Barack Obama proposed in his big budget rollout? The White House barely does. Presidential budgets are all about theater. But this year’s was more theatrical than most: Its biggest single new proposal — the sin tax to generate $78 billion to fund a preschool ... MORE
Paul Craig Roberts: The Assault On Gold
The Federal Reserve's last stand? For Americans, financial and economic Armageddon might be close at
hand. The evidence for this conclusion is the concerted effort by the
Federal Reserve and its dependent financial institutions to scare people
away from gold and silver by driving down their prices. When gold prices hit $1,917.50 an ... MOREWe Should Be Embarrassed By The Sequester Debate
by Yaron Brook and Don Watkins. The sequester debate is a national embarrassment - though not for the reasons you might think. We are debating whether shaving a few percent off the government's bloated budget will bring the country to its knees. It's a good thing the Founders are long dead, because if George Washington or James Madison ... MOREIf You're Reading This, You're Surviving The Sequester Cuts
by John Stossel. That may surprise you, since President Obama likened the sequester to taking a "meat cleaver" to government, causing FBI agents to be furloughed, prosecutors to let criminals escape and medical research to grind to a halt! The media hyped it, too. The NBC Nightly News said, "The sequester could cripple air travel, force ... MOREBudget Cuts Could Pull Navy Out Of The War On Drugs
Tail-chasing activities may have to be curbed. U.S. Navy frigates will stop patrolling for drug runners by April because of forced sequestration budget cuts, a Navy spokesman told USNI News on Monday. On Saturday, U.S. 4th Fleet was informed by Navy leadership it would suspend deployments of two ships—part of the Joint ... MORE
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