| Aug 26, 2014
Sen. Tim Kaine got schooled Monday at the Virginia Institute of Marine Science — a visit he says armed him in his mission to convince others in the U.S. Senate to continue funding critical research.
"Critical environmental research," Kaine, D-Va.,...
| Sep 3, 2014
| 9:45 AM
WASHINGTON (Reuters) - The Pentagon's chief weapons buyer on Wednesday predicted "very, very painful" negotiations within the U.S. military as it shapes its fiscal 2016 budget this fall, given the resumption of mandatory cuts in U.S. defense spending, and...
| Aug 12, 2014
| 2:42 PM
Having escaped Washington for a few weeks, Rep. Robert C. "Bobby" Scott decided to catch up on some homework Tuesday — of the defense-related variety.
The Newport News Democrat spent part of the afternoon touring W&O Premier, a defense...
| Aug 5, 2014
| 10:00 PM
While we endure endless speculation about who will run for president in 2016, an important question is being left unaddressed: How will the ultimate winner be able to take any useful action?
In answering, let's make two stipulations. One, the national...
| Jul 28, 2014
| 9:00 PM
There's rough weather ahead for the federal budget and the nation's economy, according to this month's long-term forecast from the nonpartisan Congressional Budget Office. The CBO projects the growing national debt will reduce Americans' incomes, raise...
| May 20, 2014
| 6:45 PM
Sen. Mitch McConnell's easy victory over his tea party opponent in Kentucky's Republican primary Tuesday presents a tidy storyline: the establishment strikes back.
In the primary season so far, McConnell and fellow GOP incumbents have successfully out-...
| Mar 21, 2014
| 6:09 AM
WASHINGTON -- Fitch Ratings on Friday upgraded its outlook for the U.S. AAA credit rating, removing the nation from a downgrade watch after politicians put off another debt limit battle until next year.
The company, one of three major credit rating...
| May 1, 2014
| 3:32 AM
When it comes to economic uncertainty, 2013 was the worst year for Hampton Roads, the director of Old Dominion University's economic forecasting team said after a Wednesday presentation in Newport News. This year should be better for both business and...
| Apr 15, 2014
| 4:15 PM
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...
| Apr 22, 2014
| 11:10 AM
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...
| Apr 1, 2014
| 3:22 PM
WASHINGTON -- The austere Republican budget proposal from Rep. Paul D. Ryan would slash federal spending to pre-Eisenhower levels, but the "turbo cuts" on every aspect of government -- except the military -- are still not enough to reach his promise of...
| Dec 14, 2013
| 5:30 PM
WASHINGTON — That Congress could soon pass a budget agreement after months of relentless partisan showdowns is thanks in large part to a mom in tennis shoes.
Sen. Patty Murray presented herself in that ordinary way when she first ran as a Democrat...