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Yesterday the Congressional Budget Office issued its preliminary deficit projection for FY 2014, estimating a deficit of under a half trillion dollars. The FY14 deficit of $486 billion would be $195 billion under last year’s deficit, and the fifth consecutive year that the deficit has fallen as a percentage of
Roll Call article quoted GAI Senior Fellow Josh Huder on Senators’ attendance record in committee hearings and meetings. You can view the rest of the story here
It’s September in Washington (yes, I know it’s September elsewhere as well). We’ve just returned to work from the long Labor Day weekend, school buses are again making our nightmarish traffic even worse, and the Washington Nationals are in first place in the National League East. Congress has returned from
Earlier this week, GAI Director Ken Gold spoke with Jack Moore from Federal News Radio to discuss the appropriations process for FY15. You can read more from the story here.
Prior to the start of this year’s World Cup, the United States had reached the semifinals only once, in 1930, at the first World Cup. The US team advanced beyond the round of 16 only one other time, when they beat Mexico in 2002, and reached the quarter finals. At
It’s been thirty-six years since Affirmed won the Triple Crown, horse racing’s greatest challenge. With California Chrome’s defeat on Saturday, twelve horses have won the first two legs of the Triple Crown since 1978, only to fail in the 1½-mile Belmont Stakes, the longest and most demanding of the three
When asked what they remember as the most significant event of 1994, people tend to be divided between the massive 6.7 magnitude Northridge earthquake that devastated Los Angeles and the arrest of O.J. Simpson on murder charges following the infamous slow motion car chase in the white Bronco. Some of
Dr. Charles Cushman spoke with Lauren Murphy from The Voice of Russia yesterday. He fielded questions about the nearly $80 billion Pentagon budget proposed for FY2015, and how Congress is likely to respond. Dr. Cushman called the $80 billion a place holder, since negotiations are still happening between Afghanistan and
On Tuesday the FY15 congressional budget process officially began with President Obama submitting his FY15 budget request to Congress. The discretionary portion of the president’s $3.9 trillion request stays within the caps agreed to in last year’s omnibus appropriations bill, but also contains a $56 billion supplemental “wish list” of
Congress has avoided going over yet another fiscal cliff, with the House passing a “clean” debt limit bill yesterday, and Senate passage expected later today. This will mark the fourth major piece of bipartisan legislation passed since last October’s 16-day government shutdown that includes the two-year Ryan-Murray budget agreement, the
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