In recent interviews and speeches, Defense Secretary Chuck Hagel says the military is “challenging every past assumption, every past formula” for allocating budget resources as he tries to reorganize the military for 21st century challenges in the face of a rapidly…
Twitter’s IPO last week focused some bipartisan attention on provisions in the tax code that are unfair, costly to the federal Treasury and ripe for reform.Sen. Carl Levin (D-Mich.) and Sen. John McCain (R-Ariz.), the chairman and ranking member of…
While Social Security benefits are going up automatically, the government’s nutritional assistance benefits are going down – and have been targeted for even further reductions.Last Friday a recession-related increase in the Supplemental Nutrition Assistance Program (SNAP) was allowed to expire.…
Although the federal deficit fell sharply over the last year as the economic recovery continued, this good news should not be used as an excuse to ignore the serious fiscal challenges that Washington still needs to confront.The deficit for Fiscal…
