Saying that “Congress is on the clock,” Panetta, at a press briefing Thursday urged Congress to tackle four top priorities when it returns next month for its lame duck session: 1) Averting sequester, 2) passing the National Defense Authorization Bill for 2013, which began Oct 1, 3) passing a cyber-security...
Since many Army combat vehicle programs are in development rather than production, the Army doesn’t expect to have to renegotiate many of the contracts if deep sequestration spending cuts begin to take effect Jan. 2. The Army combat vehicle office does not have many ongoing production programs, said Scott Davis,...
From a Washington Post series on “The Permanent War,” … a burly 25-year CIA veteran with a stern public demeanor, CIA veteran John Brennan is the principal architect of a policy that has transformed counterterrorism from a conventional fight centered in Afghanistan to a high-tech global effort to track down...
Wall Street Journal reports that Chief executives of more than 80 big-name U.S. corporations, from Aetna Inc. to Weyerhaeuser Co. are banding together to pressure Congress to reduce the federal deficit with tax-revenue increases as well as spending cuts This declaration differs sharply from those of several other business groups...
Under a loan program nicknamed the "Hustle," Bank of America churned out "defective" loans that it later sold to the United States at inflated prices, the Justice Department alleges in a new lawsuit. Two weeks ago, the U.S. sued Wells Fargo over alleged "reckless" lending covered by federal insurance.
No matter how things turn out on Election Day, the third Clean Air Act forum, scheduled for Nov. 29 by the House Energy and Commerce Committee, will be pivotal. If Romney wins the White House, congressional Republicans will have a shot (albeit a long one) at repealing or substantially delaying...
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