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Opinion

Get Real About Budgeting Before It’s Too Late

Budget debates on Capitol Hill will never be the same, now that we have proof that presidential budgets have failed us, not because of their spending priorities but because of bad accounting. The Bush administration keeps two sets of books but shows Congress only one of them.

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Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey, Secretary of State Hillary Rodham Clinton and Defense Secretary Leon Panetta testify at a Senate Foreign Relations Committee hearing Wednesday.
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Defense Sequester Policy Briefing

Defense Sequester Policy Briefing

Nobody seems to like the automatic Pentagon spending cuts set for January, but there is little Congressional agreement on an alternative.

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