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National Defense November 2012 Lawrence P. Farrell Jr. |
Fiscal Cliff Watch: Running Out of Time to Fix the Mess If the House and Senate fail to act in the coming weeks, massive federal spending cuts will kick in Jan. 2. That is when the automatic sequester -- scheduled by law to implement phase two of the Budget Control Act of 2011 -- becomes effective. |
National Defense May 2013 Lawrence P. Farrell Jr. |
New Budget Spells More Uncertainty for DoD President Barack Obama sent to Congress a proposed defense budget of $526.6 billion for fiscal year 2014. That top line, however, ignores the fact that it would be subject to a $52 billion sequester cut, as Congress mandated in the Budget Control Act of 2011. |
The Motley Fool August 1, 2011 Morgan Housel |
Crisis Averted? The Latest on the Debt Ceiling What you need to know about the mess in Washington. |
National Defense July 2012 Lawrence P. Farrell Jr. |
Sequestration Looming: Defense Should Be Prepared for All Possible Scenarios If no further legislative action is taken before January, the Budget Control Act directs a reduction of $97 billion in discretionary federal spending for fiscal year 2013. The calculations work out to $42 billion from domestic programs and $55 billion from defense. |
The Motley Fool May 17, 2011 Morgan Housel |
Full Faith and Credit The insanity of playing with the debt ceiling. |
National Defense October 2013 Lawrence P. Farrell Jr. |
Defense Budget Picture Begins to Take Shape Major adjustments will be required across the defense community -- the military services, agencies, commands and industry. Significant decisions are becoming harder and harder to duck. |
National Defense March 2013 Lawrence P. Farrell Jr. |
DoD Needs a Real Budget, Not a Partial Fix As the budget standoff continues on Capitol Hill, it is almost certain that sequester soon will be upon the nation. Automatic, across-the-board budget cuts will affect discretionary spending government wide. But everyone wonders how it will all be sorted out. |
BusinessWeek February 3, 2011 Lisa Lerer |
The Tea Party: Playing Chicken with Debt The White House and congressional Republicans draw lines in the sand |
National Defense October 2012 Lawrence P. Farrell Jr. |
Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary. |
National Defense January 2013 Lawrence P. Farrell Jr. |
Fiscal Talks Only Offer Short-Term Solutions, Ignore the Tough Problems The nation's economic future is still in limbo. The White House and congressional Republicans are seeking to avert the fiscal cliff, including the automatic spending cuts mandated by the Budget Control Act of 2011. |
The Motley Fool July 14, 2011 Ilan Moscovitz |
Next Stop: Economic Armageddon? What failure to raise the debt ceiling means. |
National Defense May 2012 Berteau & Murdock |
Defense Department Must Prepare for Deeper Budget Cuts The post-election bargaining over taxes and government spending will be intense and hard-fought. The Defense Department needs to make it clear to all the players what the real consequences for the nation's security are of ill-considered, deep cuts to a defense budget that is already on the decline. |
National Defense March 2012 Lawrence P. Farrell Jr. |
Budget Themes: Investments Leveled, Programs Slipped, Non-Performers Nixed A big portion of the discretionary spending reductions in President Obama's 2013 to 2017 funding request is in the defense budget. |
National Defense October 2011 Lawrence P. Farrell Jr. |
President's Half-Trillion Dollar Jobs Plan Muddies the Defense Budget Waters What one wonders though is how the new requirement to "pay for" the Jobs Bill will affect defense spending. |
National Defense April 2012 Lawrence P. Farrell Jr. |
Defense Budget: Some Clues Have Emerged, But More Uncertainty Ahead The political season is upon us, and much of the rhetoric adds little visibility to the direction for defense. |
National Defense December 2013 Lawrence P. Farrell Jr. |
Sequester Causing Lasting Damage to Defense Sequestration, if continued on present course, will result in serious damage and degradation to U.S. military capability and to our national security writ large. |
National Defense June 2013 Lawrence P. Farrell Jr. |
Fiscal Fight Takes Toll on Military Readiness During fiscal year 2013, the Defense Department was funded by temporary measures, or continuing resolutions, that put a huge crimp on operations and maintenance spending. |
National Defense May 2011 Lawrence P. Farrell Jr. |
What the Latest U.S. Budget Crisis Means for the Future of Defense Even if defense survives significant 2012 budget cuts, the probability is that 2013 or 2014 will be very tough years for military budgets. |
BusinessWeek August 5, 2010 Peter Coy |
The Wisdom and Folly of the Bush Tax Cuts Most economists agree there's little choice but to end tax cuts from George W. Bush's era. That means the fiscal war in Washington is only going to get uglier. |
The Motley Fool August 5, 2011 Morgan Housel |
What the Debt Deal Might Do to the Economy Probably nothing good. |
National Defense May 2012 Lawrence P. Farrell Jr. |
Budget Pressures Beg for a Serious Look at Overhauling Acquisition System Perhaps it is time to go back to the future by doing things the way we did them in the past, when the chiefs and the military leadership were deeply involved in all aspects of equipping the service -- in requirements, in budgeting for equipping and training. |
Chemistry World March 11, 2013 Rebecca Trager |
Retreating from meetings? US government scientists and technical experts could soon find themselves unable to travel to scientific meetings now that the much-anticipated automatic budgetary cuts, known as sequestration, became effective in the US on 1 March. |
Investment Advisor February 1, 2011 Melanie Waddell |
Ryan Reveals GOP Budget Agenda to Investment Advisor New House Budget Committee Chair says Dodd-Frank, health care, spending all in play. |
BusinessWeek February 14, 2005 |
Wanted: An Honest Budget Bad news outweighs good as President Bush prepares to announce the next federal budget. |
National Defense September 2011 Lawrence P. Farrell Jr. |
Budget Control Act of 2011 Forces Real Cuts to Defense, and Difficult Choices Enactment of the Budget Control Act of 2011 now provides specific information on the future course of defense spending. |
Registered Rep. November 5, 2012 Lena Rizkallah |
The View from the Fiscal Cliff Say goodbye to some taxe cuts and incentives that will likely expire in 2013. |
BusinessWeek April 13, 2011 Peter Coy |
Washington Plays Chicken With the Debt Forcing a U.S. default is no small matter, yet many Americans say they want just that. It's time for cooler heads on Capitol Hill to step up and lead |
The Motley Fool April 7, 2010 Thomas F. Cooley |
(Don't) Read My Lips: Higher Taxes Are Inevitable Given current fiscal realities, higher taxes are inevitable. |
BusinessWeek June 28, 2004 Glenn Hubbard |
The Social Security And Medicare Morass Entitlement reform in the U.S. -- and encouraging more private saving -- are essential. |
National Defense September 2013 Lawrence P. Farrell Jr. |
Sequester Impact: More Than Meets the Eye The downside to falling unemployment is that total employment remains down, and as a percentage of the workforce it is at a historic low. But pundits generally agree that this sequester thing has been overstated and overblown. |
Chemistry World August 9, 2011 Rebecca Trager |
US debt deal is a mixed bag for researchers It has become clear that the news is mixed for US science agencies and the researchers who depend on their funding. |
National Defense January 2012 Lawrence P. Farrell Jr. |
Some Clarity on Budgets Emerges, But Industrial Base Outlook Remains Murky The Defense Department will be submitting the fiscal year 2013 budget that meets the first set of spending caps mandated by the August Budget Control Act. |
National Defense March 2011 Lawrence P. Farrell Jr. |
Follow the Bouncing Ball of Defense, Federal Budgets: Disoriented Yet? Across the entire spectrum of military programs, affordability has become a predominant theme. As one senior official said, "It is no longer readiness at any cost, it is readiness at best value." |
The Motley Fool February 2, 2011 Morgan Housel |
How the Surplus Became a Deficit Tearing apart CBO's numbers. |
National Defense July 2012 Sandra I. Erwin |
Pentagon Contractors Reach New Levels of Frustration With Obama White House Over the past nine to 10 months, corporations have begun to lose confidence in government, and executives are faulting the president for not doing more to untangle the current morass that could leave many contractors sinking in the muck. |
National Defense January 2014 Lawrence P. Farrell Jr. |
Budget Deal Gives Defense Breathing Room The budget agreement that Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., announced Dec. 10 called for delaying a portion of sequester for two years and proposed $85 billion in "light touch" savings over 10 years. |
National Defense September 2012 Lawrence P. Farrell Jr. |
Sequester Fight Continues as Details Emerge and SecDef Amps Up Rhetoric As the potential impact of sequestration begins to settle in -- and details of its impact begin to emerge -- Defense Secretary Leon Panetta is elevating his rhetoric. |
National Defense August 2013 Lawrence P. Farrell Jr. |
Can Washington Get Us Back on Track? The origins of the current fiscal and political crisis that is affecting the defense community can be traced back to the months following the 9/11 terrorist attacks when the United States began to gear up for two major wars. |
National Defense April 2009 Lawrence P. Farrell Jr. |
No Way to Escape Tighter Budgets, Acquisition Reform Two major developments are stirring many questions and concerns about what the current mood means for the industry. |
On Wall Street February 1, 2013 Mason Braswell |
Five Questions with University of Virginia's George K. Yin The professor of law and taxation at the University of Virginia discusses the American Taxpayer Relief Act of 2012. |
The Motley Fool February 9, 2010 Morgan Housel |
Sick of the Budget Deficit? Read This What really sent us over the edge. For one, there was a good round of tax cuts enacted under President Bush. And two wars. You know the story. Moreover, the economy didn't grow as fast as expected. |
National Defense December 2011 Lawrence P. Farrell Jr. |
Day of Reckoning Is Approaching: It's Pay Me Now or Pay Me Later The Honorable David Walker, former comptroller general of the United States and now the founder and CEO of the Comeback America Initiative offers thoughts on the budget deficit. |
Reason June 2009 Veronique de Rugy |
The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite. |
BusinessWeek July 15, 2010 Ryan Donmoyer |
Brinkmanship Over the Bush Tax Cuts High-income Americans could be the beneficiaries of a looming fight over whether to extend or let expire the Bush-era tax cuts. |
National Defense November 2011 Lawrence P. Farrell Jr. |
'Gentlemen, We Have Run Out Of Money; Now We Have to Think' Accepting the reality that the defense budget is going to come down, what must we think about? |
The Motley Fool February 18, 2011 Morgan Housel |
Just the Facts: A Look At Obama's Budget Proposal Where spending is rising, and why it's so hard to cut. |
BusinessWeek August 11, 2003 Laura D'Andrea Tyson |
The Bush Tax Cuts Are Sapping America's Strength The cost is nearly three times as much as the tab from September 11, Afghanistan, Iraq, and homeland security combined. |
BusinessWeek July 30, 2007 James Mehring |
Less Red Ink Now. Lower Rates Later? The odds look good for the federal budget deficit to post the smallest shortfall in five years, while conditions look promising for even less red ink next fiscal year. |
National Defense December 2013 Sandra I. Erwin |
Budget Guessing Game: How Low Will It Go? As it became apparent that political dysfunction had replaced deliberate planning in Washington, John Hamre, CEO of the Center for Strategic and International Studies, called on the nation's policymakers to "define the bottom," and allow defense to resize accordingly. |
BusinessWeek February 16, 2004 Howard Gleckman |
The Budget: Hey Guys, Get Real President Bush says he wants to cut the deficit in half by 2009. Here's why that's not likely to happen. |