by Travis Sharp During the week of March 30, both the House and Senate will consider their respective versions of the fiscal year (FY) 2010 Budget Resolution. The annual Budget Resolution is not submitted to the President for signature and does not have the force of law. It does serve as a blueprint for later […]
Smarter Power in Obama’s Budget
by Travis Sharp by Katie Mounts In the final years of the Bush administration, as U.S. military spending increased to levels not seen since World War II, experts predicted regularly that defense budgets would stop growing soon. These predictions became more plausible late last year as the economic crisis struck. When Barack Obama got […]
Fiscal Year 2010 Pentagon Defense Spending Request: February “Topline”
by Travis Sharp FY 2010 Pentagon Defense Spending Request Resources Executive Summary February 26, 2009 On February 26, President Barack Obama released a preliminary outline of its spending priorities and agency budgets (known as “toplines”) for Fiscal Year (FY) 2010, which begins on October 1. In a typical year, the President would submit a detailed […]
Putting the Financial Rescue Package in Perspective
by Travis Sharp The $700 billion financial bailout package has drawn the ire of citizens throughout the United States. Both conservatives and liberals have voiced concern that the package bails out Wall Street titans, who caused the financial crisis in the first place, by placing an enormous burden on middle- and working-class taxpayers. At a […]
Analysis of FY2009 Defense Appropriations in the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act (CR) for FY2009
by Travis Sharp SUMMARY With members of Congress eager to leave town for the campaign trail, and Fiscal Year (FY) 2009 starting on October 1, Congress slapped together a consolidated appropriations package that includes several appropriations bills and a continuing resolution (known as a ‘CR’) all rolled into one. A CR is designed to fund […]