Senate Armed Services Committee Chairman Carl Levin (D-Mich.) is optimistic that there will be no automatic budget cuts in January, Defense News reports. According to Rick Maze, Levin said that between 80
MoreDefense Secretary Leon Panetta recently asked a Senate panel to support the Pentagon’s budget request for fiscal year 2013, the American Forces Press Service reports. Panetta told the Senate Appropriations subcommittee on
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A Senate Appropriations subcommittee is proposing a six percent increase in fiscal year 2013 funding for the Internal Revenue Service, the Washington Post reports. According to Eric Yoder, legislation from the financial
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The Office of Management and Budget issued a memorandum that outlines areas in science and technology programs agencies should prioritize when writing fiscal year 2014 budget requests. OMB Acting Director Jeff Zients
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A million jobs across government and industry are on the line because of impending defense budget cuts under sequestration, a top House lawmaker recently said. In a column for Investors.com, Rep. Buck
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The Congressional Budget Office estimates that federal debt could reach about 70 percent of the country’s total gross domestic product by the end of this year, the agency reported Tuesday. The agency
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The Air Force has canceled its Alabama-based information technology conference this year due to budget concerns, the branch announced Monday. In a media advisory, the branch said its financial resources are heavily
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The Defense Department would receive $5.3 billion more to acquire more aircraft, ships, vehicles and weapons in 2013 if a House subcommittee’s ideas make way in Congress, according to a committee report
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