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House Budget Committee Democrats Urge Abolition of Debt Limit

House Budget Committee Democrats Urge Abolition of Debt Limit

by Zachary Miller | Feb 16, 2022 | Business, Featured

WASHINGTON – The federal debt ceiling has caused headaches for decades. Now, House Democrats are considering the value of doing away with it altogether. “The debt ceiling has become a political weapon used to extract concessions, or more recently, simply score...
Panetta repeats opposition to further defense budget cuts

Panetta repeats opposition to further defense budget cuts

by Patrick Svitek | Feb 29, 2012 | National Security, Politics

WASHINGTON — Defense Secretary Leon Panetta on Wednesday told lawmakers he is willing to go only so far in trimming the Pentagon budget to avoid putting the nation at serious risk. Testifying before the House Budget Committee, Panetta reiterated what he said to the...

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