Political Capital

Posts tagged: Defense

A protester during a demonstration by federal employees outside the Department of Labor, with the Capitol in the background, in Washington, D.C., on March 20, 2013.

Photograph by Andrew Harrer/Bloomberg

A protester during a demonstration by federal employees outside the Department of Labor, with the Capitol in the background, in Washington, D.C., on March 20, 2013.

Union to Pentagon: Stop Throwing Us Crumbs

The head of a union representing government workers is upset that the Pentagon is planning to furlough employees for 14 days while continuing to spend hundreds of billions of dollars on contracts with private firms. The unpaid leave for the...

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Aviation ordnanceman practice color guard drills aboard the amphibious assault ship USS Kearsarge (LHD 3) in the Atlantic Ocean on Feb. 15, 2013.

Photograph by Mass Communication Specialist 2nd Class Corbin J. Shea/Navy Media Content Services via Bloomberg

Aviation ordnanceman practice color guard drills aboard the amphibious assault ship USS Kearsarge (LHD 3) in the Atlantic Ocean on Feb. 15, 2013.

Most Cuts OK, Not Defense: Poll

The public apparently has little sympathy for complaints about the across-the-board cutting ordered in most discretionary federal spending. The public is more concerned, a poll shows, about the cuts in Defense spending. By a margin of 61 percent to 33...

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A memorial for the Sept. 11, 2001 attacks stands at the Pentagon in Arlington, Virginia.

Photograph by Rich Clement/Bloomberg

A memorial for the Sept. 11, 2001 attacks stands at the Pentagon in Arlington, Virginia.

Bloomberg by the Numbers: $46 Billion

That’s how much the Pentagon would face in cuts for the rest of the fiscal year if automatic spending cuts went into effect March 1. The across-the-board cuts, known as sequestration, will “result in a serious erosion of readiness across...

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A newly-renovated corridor leading to a ramp is seen at the Pentagon in Arlington, Virginia.

Photograph by Rich Clement/Bloomberg

A newly-renovated corridor leading to a ramp is seen at the Pentagon in Arlington, Virginia.

Obama: ‘Brutal’ Budget Cuts March 1 Threaten Economic Recovery

The “automatic, brutal” spending cuts in Defense and other sectors of discretionary federal spending set to take effect March 1 pose a threat to the nation’s economic recovery, President Barack Obama said today. “Our top priority must be to do...

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Chuck Hagel, nominee for U.S. secretary of defense, listens to a question during a Senate Armed Services Committee hearing in Washington on Jan. 31, 2013.

Photograph by Andrew Harrer/Bloomberg

Chuck Hagel, nominee for U.S. secretary of defense, listens to a question during a Senate Armed Services Committee hearing in Washington on Jan. 31, 2013.

Panel Said to Plan Hagel Vote Tomorrow

From Bloomberg Government’s Congress Tracker blog: Senate Armed Services Committee Chairman Carl Levin will seek a vote by the panel tomorrow on Chuck Hagel’s nomination as Defense secretary, according to a committee aide who asked not to be identified. Senate...

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A combat-disabled veteran of the Vietnam War demonstrates his newly fitted Otto Bock Healthcare X2 prosthetic limb with a physical therapist at the Walter Reed Army Medical Center in Washington.

Photograph by Andrew Harrer/Bloomberg

A combat-disabled veteran of the Vietnam War demonstrates his newly fitted Otto Bock Healthcare X2 prosthetic limb with a physical therapist at the Walter Reed Army Medical Center in Washington.

VA, Military to Beat Health-System Deadline by Changing Their Goal

Defense Secretary Leon Panetta pledged last year to “meet or beat” a 2017 deadline to integrate two health-records systems, one for troops and the other for veterans. Now, Panetta and Eric Shinseki, secretary of the Department of Veterans Affairs, are...

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Contractors lay down flooring at a construction site in Lorton, Virginia.

Photograph by Andrew Harrer/Bloomberg

Contractors lay down flooring at a construction site in Lorton, Virginia.

Obama’s Economy: Timing Everything

Timing is everything. Before Election Day, it was reported that the nation’s unemployment fell below 8 percent for the first time in nearly four years. After Inauguration Day, it’s reported that  the economy contracted, with the nation’s gross domestic product...

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U.S. Army soldiers attached to 2nd platoon, C troop, 1st Squadron (Airborne), 91st U.S Cavalry Regiment, 173rd Airborne Brigade Combat Team operating under NATO sponsored International Security Assistance Force (ISAF) looks through his rifle as a Medevac helicopter takes off during a patrol near Baraki Barak base in Logar Province on Oct. 13, 2012. T

Photograph by Munir uz Zaman/AFP via Getty Images

U.S. Army soldiers attached to 2nd platoon, C troop, 1st Squadron (Airborne), 91st U.S Cavalry Regiment, 173rd Airborne Brigade Combat Team operating under NATO sponsored International Security Assistance Force (ISAF) looks through his rifle as a Medevac helicopter takes off during a patrol near Baraki Barak base in Logar Province on Oct. 13, 2012. T

Defense Cuts: Unavoidable, Despite GDP Contraction Pinned on Defense?

Written with Richard Rubin Just as the U.S. gross domestic product is taking a hit from lower defense budgets, federal spending cuts viewed as unthinkable a few months ago — $1.2 trillion falling heavily on the Pentagon — are seen...

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President Barack Obama shakes hands with former Sen. Chuck Hagel during a personnel announcement in the East Room at the White House, on Jan. 7, 2013 in Washington.

Photograph by Alex Wong/Getty Images

President Barack Obama shakes hands with former Sen. Chuck Hagel during a personnel announcement in the East Room at the White House, on Jan. 7, 2013 in Washington.

Pro-Israel Lobbies Split Over Hagel

“The Jewish lobby,” as former Sen. Chuck Hagel once called pro-Israeli forces in Washington, is divided over his nomination for secretary of defense. Political action committees describing themselves as pro-Israel were on opposite sides of several high-profile congressional races. Now...

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