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In the News

Layoff Threats Put Congress on Notice

Facing economic uncertainty, defense contractors are plotting to spur Congress to nix the automatic budget cuts set to begin next year.

In the News

Bernanke: US is Facing “Fiscal Cliff”

Fears about a looming fiscal crisis at the end of the year are starting to pinch job growth and threatening to undercut the nation’s fragile recovery, a growing number of economists and employers say.

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Sub Fire Could Have Ripple Effects for Navy Fleet

The Navy is evaluating whether it's worth spending millions of dollars to repair the USS Miami, the nuclear-powered submarine damaged in a fire in a Maine shipyard.

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Kelly Ayotte: Reversal on War Funds “Deeply Troubling”

/.../In November, Panetta had said OCO funds would be exempt from sequestration. But Pentagon officials recently came to the opposite conclusion after discussing the issue with OMB, Pentagon spokesman Capt. John Kirby tells us.

In the News

Looming Defense Budget Battle

Todd Harrison joins an expert roundtable to discuss  budget and defense spending.