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Administration considers banking on a bank tax

President Barack Obama plans to announce a new fee on the country's biggest financial firms to recover up to $120 billion in taxpayers' money used to prop up corporations during the economic crisis.

Tags: TARP , stimulus , economy , Jodi Schneider , bank tax

Wednesday - 01/13/2010, 09:31am EST

Rep. Connolly: where unspent TARP funds should go

Rep. Gerald E. "Gerry" Connolly wants half of the unspent or repaid bank bailout money to be used for deficit reduction.

Tags: Congressional Spotlight , Congress , TARP , bailout , stimulus , Gerry Connolly

Tuesday - 12/15/2009, 10:08am EST

Air Force secretary pledges to protect key systems

Air Force Secretary Michael Donley said Monday there are certain capabilities the service must keep whole as it navigates the current budget situation. He did not offer clues as to what the service would be willing to give up.

Tags: DoD , management , Air Force , Michael Donley , michael gould , budget , Budget Control Act , Jared Serbu

Tuesday - 09/20/2011, 05:23am EDT

What happens August 3?

It's August 3 and the debt ceiling still hasn't been raised. Now what? Steve Bell, senior director of the Economic Policy Project at the Bipartisan Policy Center offers insight.

Tags: Federal Drive , debt ceiling , Bipartisan Policy Center , Steve Bell

Thursday - 07/21/2011, 10:05am EDT

Senate Democrat budget proposal slashes defense spending

A budget proposal from Senate Democrats cuts security spending by nearly $900 billion over 10 years, and reduces funding to domestic programs by $350 billion. The proposal by Senate Budget Committee Chairman Kent Conrad (D-N.D.)also contains $10 trillion in deficit reduction savings.

Tags: budget , deficit , Pentagon , Congress , House , Senate , sen. kent conrad , The Hill

Monday - 07/11/2011, 08:01am EDT

Federal retirement benefits on the chopping block

Host Debra Roth is joined by Federal News Radio's Mike Causey, NARFE Legislative Director Dan Adcock, and World at Work's Lenny Sanicola to talk about pending legislation in Congress that would change retirement benefits for federal workers.
May 20, 2011

Tags: pay and benefits , federal pay , federal retirement , TSP , Congress , Tim Geithner , debt ceiling , deficit reduction commission , fiscal commission , Civil Service retirement and disability trust fund , FERS , CSRS , Debra Roth , Shaw, Bransford and Roth , Mike Causey , Your Turn , Dan Adcock , NARFE , Lenny Sanicola , World at Work , Fed Talk

Friday - 05/20/2011, 08:24pm EDT

Obama: Innovation, DoD budget cuts needed to reduce debt

President Obama said the Defense Department must continue to cut wasteful spending from its budget for the country to reach fiscal health. At the same time, the country must continue to invest in energy, science and technology, he said.

Tags: Barack Obama , budget , Energy

Tuesday - 04/19/2011, 03:20pm EDT

Deficit plans recognize DoD financial management failings

The Center for Defense Information's Winslow Wheeler compares how the deficit reduction plans handle defense spending and financial management reform.

Tags: Winslow Wheeler , In Depth , Francis Rose , DoD , budget , Congress , Jolie Lee

Monday - 11/29/2010, 03:48pm EST
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