Sen. Jim Inhofe (R-Okla.) and Rep. Mac Thornberry (R-Texas) have called on the Trump administration to back away from the plan to impose a $33B cut to the Defense Department’s budget for
MoreNational Security Adviser John Bolton recently said that the U.S. budget deficit, at its current level, has national security implications, Defense News reported Friday. Last month, the Treasury Department and the Office of
MoreData from the Treasury Department showed that the national debt hit a record $20.1 million for the first time in history after Congress and President Donald Trump approved a three-month debt ceiling
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A new report published by Brown Universityâs Watson Institute for International and Public Affairs projects the U.S. federal government to spend a total of $4.79 trillion on overseas contingency operations, veteransâ medical
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A Congressional Budget Office report estimates national debt will climb to 74 percent of the U.S. gross domestic product this year, more than twice the debt level held in 2007 and the
MoreA new Congressional Budget Office report forecasts that interest expenses on the national debt will grow from $231 billion this year to $799 billion by 2024. The $799 billion estimate represents 3
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