• House Budget Plan Protects Defense Spending

    The House plan to cut $6 trillion in spending over the next decade largely adheres to the Obama administration’s long-term budget for the Defense Department, shielding it from any substantial spending reductions over the long term. The fiscal 2012 budget resolution, unveiled Tuesday by House Budget Committee Chair Paul Ryan (R-Wis.), incorporates the five-year savings of $178 billion identified by Defense Secretary Robert Gates …

    READ MORE
  • Washington Moves Closer to a Shutdown as Budget Talks Break Down

    A White House meeting Tuesday between President Obama and party leaders failed to produce an agreement over funding the government for the remainder of fiscal 2011, raising the prospect that the federal government will shutdown midnight Friday. At the meeting, House Speaker John Boehner (R-Ohio) broached the possibility that Republicans would agree to cutting $40 billion from current spending levels, $7 billion more than purportedly had been agreed to last week …

    READ MORE
  • Pease: ‘A Success beyond Any of Our Wildest Dreams’

    On the 20th anniversary of the closing of Pease Air Force Base, Seacoast Online reports how initial decisions by the state of New Hampshire helped ensure the installation’s assets could sustain a thriving business park. Before state legislation created the Pease Development Authority in 1990, local officials and stakeholders already had begun initial planning efforts …

    READ MORE

CLOSE