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...
by Mattias Gugel | Feb 28, 2012 | Politics
WASHINGTON — Republicans and Democrats on the House Budget Committee Tuesday agreed on one thing during a two-hour hearing: Health care for the elderly and government-funded retirement benefits are on an unsustainable path. But they couldn’t seem to agree on how to...
by Mattias Gugel | Feb 15, 2012 | Business, Politics
WASHINGTON — Acting budget director Jeffrey Zients struggled to stay on script defending President Barack Obama’s budget proposal when he faced fire about its claimed savings from a Republican-controlled budget committee on Wednesday. This was part of Zients’ two-day...
by Mattias Gugel | Feb 1, 2012 | Business
WASHINGTON — Republicans and Democrats sparred Wednesday over a way to cure the economy at a House Budget Committee hearing after the head of the Congressional Budget Office said the country is on an “unsustainable fiscal course.” Congressional Budget Office Director...