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...
No one in Congress hates wind power more than Sen. Lamar Alexander (R-TN), and the upcoming lame-duck session of Congress provides the Tennessee Republican his best chance ever to get rid of the wind industry’s biggest federal lifeline: the production tax credit. The credit’s fate will likely hinge mostly on...
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