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Budget Control Act of 2011

A collection of news and information related to Budget Control Act of 2011 published by this site and its partners.

Top Budget Control Act of 2011 Articles

Displaying items 109-120
  • House Republicans backing off to avoid debt standoff

    WASHINGTON — With another major fiscal deadline looming at month's end, House Republicans are preparing to seek only modest concessions from President Obama to raise the nation's debt ceiling and will instead try to press their political advantage...
  • Proposed Pentagon budget cuts would shrink Army, retire aircraft

    Proposed Pentagon budget cuts would shrink Army, retire aircraft
    WASHINGTON — The Army will shrink to its lowest troop levels since before World War II under a budget proposed Monday by the Obama administration that seeks to downsize the Pentagon from the wartime buildup of the last 13 years, and calls for...
  • Is Cruz out of control?

    What you think of Sen. Ted Cruz (R-Texas) depends on who you believe. Is the freshman senator on an "ego trip," putting himself before country (Dana Milbank, The Washington Post), or is he standing on his principles (Cruz's conservative supporters)? ABC...
  • President Obama ignores budget deal; GOP to follow?

    President Obama ignores budget deal; GOP to follow?
    Like many Democrats, President Obama greeted last December’s budget deal the way a hungry child greets a carrot stick: It wasn’t what he wanted, but it was acceptable under the circumstances. “This agreement doesn’t include...
  • A helping hand or cold shoulder for the middle class?

    A helping hand or cold shoulder for the middle class?
    How's the U.S. economy doing? If you're rich, the answer is "fabulously." Here are some data points from Diane Swonk, chief economist for Mesirow Financial in Chicago. "Spending at luxury retailers has come back," she told the Senate Finance Committee...
  • Sen. Tim Kaine tours Newport News Shipbuilding and NASA Langley in Hampton

    Sen. Tim Kaine tours Newport News Shipbuilding and NASA Langley in Hampton
    Newport News Shipbuilding and NASA Langley Research Center in Hampton are feeling the pinch of budget uncertainty in Washington, but Sen. Tim Kaine says Congress might clear that up in the coming weeks. The Virginia Democrat toured both facilities...
  • Lockheed profit surges 23%, beats estimates

    Lockheed Martin Corp., the U.S. government's top contractor, said its first-quarter profit jumped 23 percent, topping analysts' estimates even as federal budget cuts sapped sales. Net income from continuing operations rose to $933 million, or $2.87 a...
  • Greg Schwem: White House tweets that never were

    There is apparently a new cabinet position at the White House, one created and filled in secret, but whose occupant is starting to make his or her presence known. Of course, I'm talking about the Secretary of Twitter. Does anyone seriously believe...
  • National monuments nearly clean of green paint vandalism

    WASHINGTON — Cleaning crews have nearly finished removing green paint splashed on several national landmarks, and a 58-year-old woman arrested in one incident is also suspected in the others, police said. The landmarks included the Lincoln...
  • What's missing in budget deal? Federal jobless benefits extension

    What's missing in budget deal? Federal jobless benefits extension
    Congress averted another government shutdown by reaching an $85-billion budget deal late Tuesday night, but the new agreement, critics say, leaves out one vulnerable group of Americans: the long-term unemployed.   At the end of the year, federal...
  • Scrap the budget circus in Washington

     Scrap the budget circus in Washington
    As Senate Budget Committee Chairwoman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul D. Ryan (R-Wis.) work toward yet another makeshift budget deal, they should do us all a favor and instead just scrap the congressional budget process....
  • Piling on the Murray-Ryan budget deal

     Piling on the Murray-Ryan budget deal
    Here's what counts as success in Washington these days: a budget deal that almost everyone hates and that doesn't solve any of the country's major problems. The spending bill that Sen. Patty Murray (D-Wash.) and Rep. Paul D. Ryan (R-Wis.) unveiled...