By: Michael Clayton With U.S. military intervention in Syria looming, some are worried that sequester cuts to the defense budget will impair the ability of the military to efficiently complete the job, giving the White House an upper hand in the fast-approaching fiscal showdown. Sequestration has reduced the Pentagon’s budget by about $37 billion this […]
By John Watts As usual, “histrionics” and high drama are being played up in Washington, D.C. this week, as Obama paints Republicans as reckless for not returning to the negotiating table with purportedly horrific sequestration cuts looming. Meanwhile, Republicans stoutly declaim Obama’s manifest incompetence and equivocating – after all, they say, Obama forced the sequestration […]
By John Watts This week, the non-partisan Congressional Budget Office (CBO) released a new report projecting budgetary and economic trends for the next ten years. The CBO does not officially represent either the Democratic or Republican factions of the ruling coalition in Washington, and thus is considered “non-partisan.” However, by its very nature as a […]
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