Defense
Latest
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Defense Business Board Recommends Military Retirement Changes
Defense spending is an area within the federal budget where significant savings can be found, and specifically within the military retirement system...
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OMB Asks for Agency Cuts in 2013
On OMB's blog, OMB director Jack Lew talked about his instructions to agencies to cut 5 percent off their 2011 budget for their FY 2013 request. In...
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An In-Depth Look at the Trigger
Faithful readers of this blog know by now how the trigger contained in the Budget Control Act generally works. The BCA creates a twelve-member Joint...
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CBO on the Caps
The caps on discretionary spending were, of course, the concrete centerpiece of last week's budget deal. Considering the importance of the caps, CBO...
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OMB Director Jack Lew on the Defense Cuts in the Debt Deal
The main savings feature that the debt deal (the Budget Control Act) contained--outside of the joint committee--is the discretionary spending caps...
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A Tale of Two Caps
Update: CBO has scored Boehner's legislation, showing it to reduce deficits by a total of $850 billion from 2012-2021. The discretionary caps are $1.1...
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‘Line’ Items: Goals Edition
Clutch Goals -- The U.S. Women’s Soccer team scored an improbable victory over Brazil on Sunday in the Women’s World Cup, overcoming a scoring and...
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Projecting Defense Spending
In a recent report, CBO estimated the base defense budget from 2012 out through 2030 using the Defense Department's Future Years Defense Program (FYDP...
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Senate Armed Services Committee Report
As our nation’s debt continues along its unsustainable path, it has become increasingly essential for a comprehensive fiscal plan that targets all...
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‘Line’ Items: Columbo Edition
Where Is Our Columbo? – Peter Falk, the award-winning actor best known for playing the rumpled, yet wily, Lt. Columbo, died on Thursday. Falk, who was...
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Leon Panetta Confirmed By the Senate
Today, the Senate confirmed former CIA Director (and former CRFB Co-Chair!) Leon Panetta by a unanimous vote to become our new Secretary of Defense...
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‘Line’ Items: Golf Edition
Time ‘Fore’ Action – Golf, that favorite pastime of power players, was even more popular than usual in Washington last week. Not only did the U.S...