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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.
National Defense November 2011 Lawrence P. Farrell Jr.	'Gentlemen, We Have Run Out Of Money; Now We Have to Think' Accepting the reality that the defense budget is going to come down, what must we think about?
The Motley Fool February 2, 2011 Morgan Housel	How the Surplus Became a Deficit Tearing apart CBO's numbers.
National Defense March 2011 Lawrence P. Farrell Jr.	Follow the Bouncing Ball of Defense, Federal Budgets: Disoriented Yet? Across the entire spectrum of military programs, affordability has become a predominant theme. As one senior official said, "It is no longer readiness at any cost, it is readiness at best value."
National Defense January 2013 Lawrence P. Farrell Jr.	Fiscal Talks Only Offer Short-Term Solutions, Ignore the Tough Problems The nation's economic future is still in limbo. The White House and congressional Republicans are seeking to avert the fiscal cliff, including the automatic spending cuts mandated by the Budget Control Act of 2011.
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.
Reason Aug/Sep 2009 Jacob Sullum	Hawk in Hock: Obama pretends to be frugal as we sink deeper in debt The president wants to signal that he's serious about cutting the federal budget. Unfortunately, his plan hinges on the assumption that Americans do not know how to calculate percentages.
CFO March 1, 2008 Edward Teach	Thriller The federal government's annual report is not for the faint of heart.
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 July 2012 Lawrence P. Farrell Jr.	Sequestration Looming: Defense Should Be Prepared for All Possible Scenarios If no further legislative action is taken before January, the Budget Control Act directs a reduction of $97 billion in discretionary federal spending for fiscal year 2013. The calculations work out to $42 billion from domestic programs and $55 billion from defense.
The Motley Fool August 1, 2011 Morgan Housel	Crisis Averted? The Latest on the Debt Ceiling What you need to know about the mess in Washington.
BusinessWeek January 19, 2004	Bush's Borrowing Is Sapping Our Strength The GOP-led Congressional Budget Office says tax cuts will likely slow growth
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.
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.
National Defense October 2011 Lawrence P. Farrell Jr.	President's Half-Trillion Dollar Jobs Plan Muddies the Defense Budget Waters What one wonders though is how the new requirement to "pay for" the Jobs Bill will affect defense spending.
BusinessWeek November 17, 2010 Coy & Przybyla	Debt and Taxes: Will America Ever Grow Up? Two new proposals to get serious about the U.S. budget deficit are colliding with the same old dysfunctional politics.
The Motley Fool August 5, 2011 Morgan Housel	What the Debt Deal Might Do to the Economy Probably nothing good.
Finance & Development September 2011	Fiscal Neighbors Canada and the United States confronted growing budget deficits and public debt but the results differed.
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.
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.
National Defense February 2013 Lawrence P. Farrell Jr.	One Fiscal Cliff Down and Three More to Go The Congressional Budget Office has estimated that the legislation the president signed Jan. 2 would increase the deficit by nearly $4 trillion over the next 10 years. It is almost certain that defense will have to surrender additional revenue, perhaps another $10 billion to $20 billion per year.
BusinessWeek February 25, 2010 Charlie Rose	Peter Orszag: Putting the Deficit on a Diet A conversation with Peter Orszag, Director of the Office of Management & Budget.
The Motley Fool July 21, 2010 Morgan Housel	"The Problem Is Not Where We Are. It's Where We Are Headed." David Walker, Canada's former Comptroller General, speaks on the economy.
BusinessWeek August 11, 2003 Laura D'Andrea Tyson	The Bush Tax Cuts Are Sapping America's Strength The cost is nearly three times as much as the tab from September 11, Afghanistan, Iraq, and homeland security combined.
BusinessWeek June 23, 2011	Bloomberg View The Supreme Court gets the Wal-Mart ruling right... Deficit math that doesn't add up...
National Defense December 2007 Lawrence P. Farrell Jr.	Coast Guard's Innovative Spirit Needed By All The Coast Guard just concluded their technology exhibition in New Orleans, where the theme of innovation not only applied to the maritime systems but also more broadly to the current debate about the future of our nation's security.
IndustryWeek December 16, 2010	The Competitive Edge: The Federal Deficit Comes Into Focus Slashing the federal deficit promises significant benefits for manufacturers.
Registered Rep. November 1, 2004 David A. Geracioti	The Great Gray Beast An interview with Peter G. Peterson, author of Gray Dawn: How the Coming Age Wave Will Transform America -- and the World and Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It, on how the political class is mortgaging America's future.
Knowledge@Wharton June 18, 2003	Fate Worse than Debt: Can the U.S. Deficit Rise to $45.47 Trillion? The U.S. government's future obligations outweigh its projected revenues so heavily that it would need a permanent income tax increase of 66% or the immediate elimination of all federal discretionary spending to put it on track for balancing its finances.
BusinessWeek December 2, 2010 Przybyla & Faler	Deficits and Debt as Far as the Eye Can See Neither the President's panel nor the most hawkish budget-cutters would balance the federal budget for decades to come.
BusinessWeek January 24, 2005 Aaron Bernstein	Social Security President Bush and other free-market advocates are suggesting the most sweeping change to this core social program since its inception. But are private accounts a good idea?
The Motley Fool November 18, 2011 Morgan Housel	Here, You Fix the Budget By next Wednesday, a group of politicians dubbed the "supercommittee" has to come up with a plan to slash federal deficits by at least $1.2 trillion over the next decade.
BusinessWeek August 5, 2010 Peter Coy	The Wisdom and Folly of the Bush Tax Cuts Most economists agree there's little choice but to end tax cuts from George W. Bush's era. That means the fiscal war in Washington is only going to get uglier.
CFO April 1, 2008 Lori Calabro	The GAO's David Walker Why David M. Walker decided he could spread the word about the government's fiscal maladies more effectively by moving to private life.
National Defense January 2014 Lawrence P. Farrell Jr.	Budget Deal Gives Defense Breathing Room The budget agreement that Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., announced Dec. 10 called for delaying a portion of sequester for two years and proposed $85 billion in "light touch" savings over 10 years.
The Motley Fool February 18, 2011 Morgan Housel	Just the Facts: A Look At Obama's Budget Proposal Where spending is rising, and why it's so hard to cut.
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.
The Motley Fool November 12, 2010 Morgan Housel	How the Government Will Save $4 Trillion in 10 Years A rundown of the President's deficit-reduction commission proposal.
Reason June 2009 Veronique de Rugy	The Age of Debt Barack Obama's first budget promises "fiscal responsibility" but delivers the opposite.
National Real Estate Investor August 1, 2011 Tony Downs	The Time for Austerity Measures Is Now Americans need to stop living beyond their means, both in government and their personal lives. For decades, we have spent and consumed much more than we produced, borrowing the difference from abroad.
BusinessWeek February 16, 2004 Michael J. Mandel	Cutting Through The Budget Smoke Long-term growth matters to the health of the U.S. federal budget, and so does reforming entitlements.
The Motley Fool November 15, 2010 Morgan Housel	Changing Course: How to Get America's Finances Back on Track An interview with public-finances authority David Walker, former comptroller general of the United States, founder and CEO of the Comeback America Initiative.
BusinessWeek August 12, 2010	Tom Keene Talks with David Stockman President Reagan's Office of Management & Budget director is downbeat about the future of budget deficits.
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
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 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.
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.
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 August 2012 Lawrence P. Farrell Jr.	Support for U.S. Troops Should Always Rise Above Partisan Politics Heated debate continues over the impact of $1 trillion in automatic spending cuts to the federal budget that could begin next year.
Reason May 2009 Veronique de Rugy	When Do Deficits Matter? While Democrats and Republicans switch sides regarding deficit spending, economists try to pin down a tipping point.