Although health care costs continue to rise, their slowing growth rate offers some hope for the future. A new report by the President’s Council of Economic Advisors naturally tries to put the administration’s efforts on health care reform in the…
A recent report by the Congressional Budget Office (CBO) found that the Pentagon’s latest five-year plan would cost substantially more than the funding allowed under the sequester caps.Each year the Department of Defense provides Congress with its “Future Years Defense…
The federal deficit totaled $91.6 billion in the first month of Fiscal 2014, down from $120 billion a year earlier, according to the Treasury Department. This follows a total deficit for Fiscal 2013 of $680 billion -- the first time…
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…
