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National Defense May 2011 Lawrence P. Farrell Jr.	What the Latest U.S. Budget Crisis Means for the Future of Defense Even if defense survives significant 2012 budget cuts, the probability is that 2013 or 2014 will be very tough years for military budgets.
The Motley Fool February 2, 2011 Morgan Housel	How the Surplus Became a Deficit Tearing apart CBO's numbers.
National Defense August 2010 Lawrence P. Farrell Jr.	'Perfect Storm' for Defense Is Here, For Real This Time There have been many warnings in recent years about a "perfect storm" threatening U.S. defense spending. These dire predictions so far have not been taken seriously as military budgets doubled during the past decade.
National Defense April 2008 Lawrence P. Farrell Jr.	Impending Collision Between Military Needs and Resources The latest release of the federal budget request to Congress and the submission of the military services' unfunded requirements lists are clear indicators of the serious fiscal problems the nation must confront.
CFO March 1, 2008 Edward Teach	Thriller The federal government's annual report is not for the faint of heart.
BusinessWeek January 19, 2004	Bush's Borrowing Is Sapping Our Strength The GOP-led Congressional Budget Office says tax cuts will likely slow growth
National Defense November 2007 Lawrence P. Farrell	Plenty of Resources, But Even Greater Demand The politics of military spending have reached fever pitch as Congress attempts to pass the Defense Department's fiscal year 2008 budget and weighs massive war spending requests.
Finance & Development September 2011	Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed.
BusinessWeek February 20, 2006 James Mehring	Deficits: The CBO's Forecasts Look Too Rosy The massive budget deficits of recent years are starting to shrink, according to the Congressional Budget Office. But as officials readily admit, the agency's projections don't fully capture reality.
National Defense March 2013 Lawrence P. Farrell Jr.	DoD Needs a Real Budget, Not a Partial Fix As the budget standoff continues on Capitol Hill, it is almost certain that sequester soon will be upon the nation. Automatic, across-the-board budget cuts will affect discretionary spending government wide. But everyone wonders how it will all be sorted out.
National Defense February 2010 Lawrence P. Farrell Jr.	Predicted Fiscal Train Wreck Fast Becoming a Grim Reality The defense budget is about to be released by the Obama administration and, with other documents, will provide the first real insight into the administration's long-term military and national security strategies.
National Defense October 2012 Lawrence P. Farrell Jr.	Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary.
The Motley Fool February 9, 2010 Morgan Housel	Sick of the Budget Deficit? Read This What really sent us over the edge. For one, there was a good round of tax cuts enacted under President Bush. And two wars. You know the story. Moreover, the economy didn't grow as fast as expected.
Reason January 2004 Julian Sanchez	Rose-Colored Calculators Advocates of Medicare and Social Security reform have long complained that fuzzy accounting makes the programs appear to be more fiscally sound than they are. CBO projects that by 2075, the two programs together will consume 16 percent of GDP, more than double the current level.
National Defense May 2010 Conetta & Knight	For National Security's Sake, The Pentagon Has to Tighten its Belt President Obama has called for a freeze on most federal agency spending, notably exempting national defense.
National Defense April 2006 Lawrence P. Farrell Jr.	The Coming Challenge for Defense As we observe ongoing war developments, defense strategy and budget trends, it is impossible to not notice that red flags are everywhere.
BusinessWeek February 16, 2004 Howard Gleckman	The Budget: Hey Guys, Get Real President Bush says he wants to cut the deficit in half by 2009. Here's why that's not likely to happen.
National Defense September 2014 Lawrence P. Farrell Jr.	Defense Strategy in a Square Corner A square corner is an apt description of the situation now facing the Defense Department. It has a strategy laid out in the 2014 Quadrennial Defense Review that could not possibly be executed with its current resources.
Reason Aug/Sep 2009 Brian Doherty	So Long, Surplus: Social Security unstimulated The "Social Security surplus" has vanished. That figure has long referred to the amount in Social Security taxes collected over and above the amount the system pays out that year.
National Defense December 2010 Nathaniel H. Sledge Jr.	Military Spending: How Much Defense Will the American People Support? The American public must become better educated about the budget process and national security. Citizens should be aware that the current trends of government spending can be ruinous and unsustainable.
BusinessWeek November 22, 2004 Robert Kuttner	The Budget Mess Bush Can No Longer Ignore The U.S. economy can't grow its way out of such big deficits.
Investment Advisor May 2010 Ron Pechtimaldjian	What It Will Cost The preliminary estimates of the healthcare reform bill's costs released by the CBO helped bolster support for the bill three days before the House voted.
Finance & Development September 2010 Mark Horton	How Grim a Fiscal Future? For most advanced economies, both the near term and the longer term are tight, but there are ways to ease budget pressures
National Defense December 2011 Lawrence P. Farrell Jr.	Day of Reckoning Is Approaching: It's Pay Me Now or Pay Me Later The Honorable David Walker, former comptroller general of the United States and now the founder and CEO of the Comeback America Initiative offers thoughts on the budget deficit.
National Defense March 2004 Lawrence P. Farrell Jr.	Balancing Defense Needs Against Fiscal Realities The 2005 defense budget request that the administration sent to Capitol Hill last month is an impressive attempt to balance the demands of a nation at war against the sobering fiscal picture now confronting us.
Reason June 2009 Veronique de Rugy	The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite.
The Motley Fool April 7, 2010 Thomas F. Cooley	(Don't) Read My Lips: Higher Taxes Are Inevitable Given current fiscal realities, higher taxes are inevitable.
BusinessWeek September 27, 2004 Laura D'Andrea Tyson	There's Nothing Macho About Soaring Deficits Those concerned about trends in the economy during the Bush Presidency aren't wimps or pessimists but thinking men and, yes, women.
The Motley Fool December 8, 2009 Morgan Housel	Should You Worry About the Budget Deficit? Maybe things really are different this time. Unless we rethink the word "entitlement," yes, you should worry about the budget deficit.
The Motley Fool August 5, 2011 Morgan Housel	What the Debt Deal Might Do to the Economy Probably nothing good.
The Motley Fool April 14, 2011 Morgan Housel	What You Need to Know About the President's Plan to Save $4 Trillion President Barack Obama laid out a plan to slash $4 trillion from the deficit between now and 2023. Here's roughly how it'll get done.
National Defense May 2004 Sandra Erwin	Defense Watch: Fiscal Storm on the Horizon The nation's soaring budget deficits will leave future administrations--whether they are Republican or Democrat--no choice but to cut defense.
BusinessWeek October 29, 2009 Laura D'Andrea Tyson	Jobs Now, Deficit Reduction Later The U.S. economy still needs fiscal stimulus. Attack the debt once demand returns.
Finance & Development September 2010 Laurence J. Kotlikoff	A Hidden Fiscal Crisis A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States
National Defense March 2011 Sandra I. Erwin	Budget May Be Safe For Now, But Weapon Makers Should Worry If the current discourse over defense spending were a self-help bestseller, it would be titled, "How to Live in Denial About Being Broke."
BusinessWeek February 14, 2005 Howard Gleckman	The Fog Of The Budget How Bush will mask the biggest national debt in history.
The Motley Fool February 15, 2007 Mike Norman	Balance the Budget and Unbalance the Economy From time to time the idea of a balanced budget amendment has been floated, but so far it has never come to pass. Thankfully. We need to fear a balanced budget more than deficits.
National Defense June 2014 Lawrence P. Farrell Jr.	For Defense, a Tough Budget Balancing Act Will fiscal year 2016 be a repeat of 2013, when gridlock prevailed and sequester ensued. Will there be some relief as we saw in fiscal year 2014 and 2015?
National Defense March 2010 Lawrence P. Farrell Jr.	Defense Budget and Quadrennial Review Sidestep Critical Issues The 2010 Quadrennial Defense Review and the fiscal year 2011 defense budget proposal seek to achieve some worthy goals, but acknowledgement of disconnects between program priorities and existing spending plans is missing.
National Defense March 2007 Lawrence P. Farrell	Defense Budget Sets Stage for Tough Choices Ahead As Congress continues to dissect the details of the Bush administration's proposed defense budget for fiscal year 2008, it is becoming increasingly apparent that the nation's military faces a worrisome financial future.
National Defense September 2011 Lawrence P. Farrell Jr.	Budget Control Act of 2011 Forces Real Cuts to Defense, and Difficult Choices Enactment of the Budget Control Act of 2011 now provides specific information on the future course of defense spending.
BusinessWeek October 21, 2010 Heidi Przybyla	Alice Rivlin's Bid to Cut the Deficit Alice M. Rivlin's shadow commission to trim spending, without any political candidates, goes where the real commission dare not.
National Defense June 2013 Lawrence P. Farrell Jr.	Fiscal Fight Takes Toll on Military Readiness During fiscal year 2013, the Defense Department was funded by temporary measures, or continuing resolutions, that put a huge crimp on operations and maintenance spending.
National Real Estate Investor June 1, 2005 Anthony Downs	A Recipe Sure to End the Real Estate Boom Slower growth, higher interest rates, and higher taxes are not a recipe for prosperity. So, real estate will be part of the broader economic suffering required by the adjustments our economy must make.
National Defense February 2009 Lawrence P. Farrell Jr.	The Future Has Arrived, Sooner Than Expected The impact of the current financial meltdown is forcing us to confront a staggering crisis. The troubles in the nation's economy bear huge consequences for our way of life and for defense and national security.
BusinessWeek February 24, 2011 Roxana Tiron	Defense Contractors Brace for the Big Squeeze Defense contractors may be in for cutbacks similar to the squeeze that occurred after the end of the Cold War.
Reason May 2008 Veronique de Rugy	The Trillion-Dollar War The War on Terror is now more expensive than Vietnam or World War I -- but the dishonest way Washington is paying for it may prove costliest of all.
National Defense October 2004 Lawrence P. Farrell, Jr.	Pentagon Feeling the Pressure on Budget There is good and bad news in the defense spending legislation that President Bush signed in August.
National Defense July 2011 Sandra I. Erwin	Procurement Blues: After a Decade Of Largesse, Not Much to Show for It After a decade of lavish spending, the Pentagon is now left with an aging fleet of weapon systems, an overstrained force, out-of-control personnel and healthcare costs, and no idea of how to prepare for tomorrow's wars.
National Defense August 2010 Sandra I. Erwin	Five Key Questions About the Defense Budget Here are some of the key questions that policymakers should bear in mind when it comes to the defense budget.