Search Tags:  sequester

CBO issues bleak long-term budget outlook

The Congressional Budget Office is again warning that the government's mounting debt problems threaten to swamp the economy unless policymakers move to arrest out-of-control deficits.

Tags: CBO , budget , Congress

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Analysis: Sequester unlikely, but major Defense cuts ahead

Russel Rumbaugh, co-director of budgeting for foreign affairs and defense at the Stimson Center, sees the looming sequester as an empty threat. Meanwhile, DoD and the administration move forward with significant cuts in spending.

Tags: DoD , Leon Panetta , Federal Drive , Russel Rumbaugh , Stimson Center , sequestration , budget , Michael OConnell

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