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  • Riverbank Project Picks up Two More Tenants

    Two new tenants will be moving into the former Riverbank AAP shortly, giving the northern California redevelopment project more than two dozen tenants. Denver-based Repsco, which uses recycled plastics to make shipping materials, plans to start operations with 10 workers early next year …

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  • Armed Services Leaders Differ over Strategies for Dodging Defense Cuts

    The Republican and Democratic leaders of the House Armed Services Committee urged the congressional deficit reduction committee Thursday to resist slashing defense spending beyond the $450 billion in cuts agreed to under August’s debt ceiling deal, stressing that the military already has taken on its fair share of budgetary savings. “Further reductions could undermine national security …

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  • Civilian BRAC Measure Advances past House Committee

    A measure creating a civilian BRAC commission to expedite the disposal of unneeded federal properties, saving an estimated $15 billion, was approved Thursday by the House Transportation and Infrastructure Committee. The legislation would establish a framework through which an independent commission would review federal properties and make recommendations for consolidations …

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  • Panetta Offers Few Clues Regarding Budget Choices

    Defense Secretary Leon Panetta reiterated the principles that are guiding the Pentagon’s strategic review of the department’s budget while testifying before the House Armed Services Committee Thursday, but offered only a glimpse of the tough choices officials are facing. As the department looks for $450 billion in savings over the next decade, officials are scrutinizing a range of military policies and programs, including force structure reductions, troop basing, personnel and benefits, and weapons systems …

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