Three recent reports by credit ratings agencies (Moody’s Analytics, Fitch Ratings and Standard and Poor’s) have shown some improvement in the credit outlook for the United States, mostly due to the steadily improving economy and the declining deficit.Moody’s and Standard…
The House passed a farm bill last week after its first attempt failed at the end of June. To get more Republican votes, all funding for the food stamp program was removed from the legislation -- funding which made up…
The Senate passed a sweeping immigration bill last week aided by a costly amendment that directs $46.3 billion more to be spent on border security than under current law. The Senate waived its budget rules to pass the legislation.The Congressional…
The Department of Defense has begun to scale back its operations to comply with $487 billion in spending cuts that were imposed by the Budget Control Act of 2011 (BCA).The Army plans to remove combat forces from 12 bases and…
