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‘Sword of Damocles’ tests Panetta’s patience as huge defense cuts loom

by Patrick Svitek | Mar 12, 2012 | National Security, Politics

WASHINGTON — Defense Secretary Leon Panetta is not known to bite his tongue. So when the former budget guru was called to testify on the Pentagon’s spending plan earlier this month before Congress, he also refused to mince words. Before the Senate Budget...
Pentagon defends leaner $525 billion budget

Pentagon defends leaner $525 billion budget

by Ben Kamisar | Feb 14, 2012 | National Security, Politics

WASHINGTON – Defense Secretary Leon Panetta warned Senators Tuesday that a failure to compromise on deficit reduction plans could jeopardize national security, leaving a “hollow” military in its wake. Panetta defended a Pentagon budget that requires $487 billion in...

U.S. intelligence adapts to multiple international threats

by Edwin Rios | Jan 31, 2012 | National Security

WASHINGTON – The U.S. intelligence community faces a complex challenge moving forward as it combats a variety of overlapping threats, Director of National Intelligence James Clapper told a Senate committee Tuesday. Gone are the Cold War days when much of the...
Senate Republicans still fuming over Cordray appointment

Senate Republicans still fuming over Cordray appointment

by Shirley Li | Jan 31, 2012 | Business, National Security

WASHINGTON – The flames of controversy that burst over President Barack Obama’s recess appointment of Richard Cordray as Director of the new Consumer Financial Protection Bureau are still smoldering. Four Republican members of the Senate Banking, Housing and Urban...
Senate committee reviews threats to future energy production

Senate committee reviews threats to future energy production

by Jaclyn Skurie | Jan 31, 2012 | Business, Environment, Politics

WASHINGTON — Political and economic turbulence in oil-producing nations may threaten a “great revival” in future U.S. energy production, according to a Senate hearing Tuesday. The Senate Energy and Natural Resources Committee reviewed energy supplies, global market...
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