The Washington Post reported that the Obama administration cut contract spending by more than $20 billion during fiscal 2012, largely by increasing coordination between agencies - buying together instead of independently. Contracts accounted for about 14% of all federal government spending during the past cycle, representing the lowest level since...
As talks to avert the fiscal cliff continue, the Pentagon announced it is beginning to plan for sequestration, which would cut $55 billion from the defense budget next year. Wednesday's about-face, after months of insisting it would not plan for the looming cuts in hopes they could be avoided, came...
Fresh off spending hundreds of millions of dollars in the 2012 election, Crossroads GPS, the nonprofit sister organization to the American Crossroads super PAC, began running ads this week accusing Obama of supporting major tax increases while forgoing significant spending cuts. The weeklong, $500,000 ad buy, which will run on...
“Sen. Jim DeMint, patron saint of the tea party and a would-be Republican kingmaker, announced suddenly Thursday he would resign his South Carolina seat to head Washington’s conservative Heritage Foundation think tank, a shift that reverberated through a soul-searching GOP,” the AP writes, adding, “Prizing ideology over electability, DeMint sometimes...
House GOP leadership stripped four conservative representatives of committee posts this week, leaving some on the Hill to wonder if Speaker John Boehner might have fired a warning shot to members who could unsettle a potential fiscal cliff compromise.
Reps. Rosa DeLauro, D-CT, and Nita Lowey, D-NY, introduced a bill on Wednesday that would give the FDA greater authority to oversee compounding pharmacies. The bill comes in the aftermath of a meningitis outbreak linked to a Massachusetts compounding pharmacy that has left three dozen dead and regulators saying they...
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