Amid a glimmer of hope of a breakthrough in “Super Committee” deliberations, a slender majority of Fiscal Times budget and political experts surveyed this week predicted the 12-member bipartisan congressional panel will meet its looming dea…
Capitol Hill conservatives and Pentagon brass fighting cuts to defense spending have argued that the military is limping off the battlefield with decrepit hardware. It’s quite the sob story: At a hearing last week, Rep. Buck McKeon (R-Calif.), the c…
Another Foreign Policy expert, James Taub, warns of what the “debt-ceiling deal tells us about the Tea Party’s grim vision of American power.”
There’s a disaster ahead, Taub writes: “All Guns, No But…
Not one dime cut from SS or Medicare, until we chop the size of the federal workforce in (at least) half – particularly the defense budget.
I have zero problem with reforming entitlements; e.g., delaying the eligibility age for SS – makes sense as li…
Washington Post:
I have no problem with delaying the eligibility age. Makes sense with people living longer – if you want 20 years sitting in an armchair waving at the servants, pay for it yourself.
But there’s NO way any cuts to SS should happen b…
Global defense expenditure was estimated to have been up 1.3% to $1,630 billion in 2010, according to the Stockholm International Peace Research Institute (SIPRI).
The U.S. now accounts for 43% of global defense spending, but in Europe military spen…
The most expensive public enemy in American history died Sunday from two bullets.
As we mark Osama bin Laden’s death, what’s striking is how much he cost our nation—and how little we’ve gained from our fight against him. By conservat…
America is the arms merchant to the world and is likely to sell $50 billion in weapons this year. Business may not be as good in the near term, however. Military spending among all the world’s nations totaled $1.63 trillion last year, but that was…
Sort of like an obese man declining an after-dinner mint….but, hey, it’s a start…
Defense Secretary Robert Gates is expected to announce as early as Thursday about $100 billion in savings for the Pentagon and cuts to some weapons programs, sourc…