Political Capital

Posts tagged: sequester

An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Photograph by Matthew Staver/Bloomberg

An attendee visits the Northrop Grumman Corp. booth during the 28th National Space Symposium in Colorado Springs.

Coalition of Industries and Advocates Fight Sequestration

The defense aerospace industry gave 60 percent of its donations to Republicans during the 2012 elections. The high-tech industry gave 59 percent of its contributions to the Democrats. Now, representatives of both industries are teaming up to push back on a...

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Senate Armed Services Committee members, from left, Sen. John McCain, Sen. Kelly Ayotte, Sen. Deb Fischer, and Sen. Lindsey Graham gather on Capitol Hill in Washington, Feb. 12, 2013, prior to the committee's hearing on the looming cuts to the defense budget that could be part of the sequestration.

Photograph by J. Scott Applewhite/AP Photo

Senate Armed Services Committee members, from left, Sen. John McCain, Sen. Kelly Ayotte, Sen. Deb Fischer, and Sen. Lindsey Graham gather on Capitol Hill in Washington, Feb. 12, 2013, prior to the committee's hearing on the looming cuts to the defense budget that could be part of the sequestration.

It’s McCain Versus Inhofe Over Budget Cuts

From Bloomberg Government’s Congress Tracker blog Arizona Republican John McCain is attempting to torpedo a sequester proposal by his successor as the ranking member of the Senate Armed Services Committee. McCain said in an interview that he is working with...

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The USS Arlington, front, and USS San Diego, rear, both U.S. Navy amphibious transport dock ships, sit at the dock at Ingalls Shipbuilding yard, a division of Huntington Ingalls Industries Inc.

Photograph by Derick E. Hingle/Bloomberg

The USS Arlington, front, and USS San Diego, rear, both U.S. Navy amphibious transport dock ships, sit at the dock at Ingalls Shipbuilding yard, a division of Huntington Ingalls Industries Inc.

Washington Daybook: Sequestration Countdown

President Barack Obama will tell workers at a Huntington Ingalls shipbuilding facility in Newport News, Virginia, today that their jobs may depend on his ability to work out a compromise with Republicans in Congress over sequestration. Huntington CEO Michael Petters speaks on Bloomberg...

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Law enforcement capture marijuana being smuggled into the United States from Mexico in Tucson, Arizona, in this file photo.

Photograph by Matt Nager/Bloomberg

Law enforcement capture marijuana being smuggled into the United States from Mexico in Tucson, Arizona, in this file photo.

White House Budget-Cutting Lesson: Try Cutting 8.2 Percent from Zero

This is the art, in Washington, of cutting an agency that doesn’t exist: In all the warnings of the consequences of looming budget cuts, the White House budget office  has noted one program targeted for cuts — an office that...

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President Barack Obama urged the Congress to take action to avoid sequester cuts with a short term budget fix today.

Photograph by Alex Wong/Getty Images

President Barack Obama urged the Congress to take action to avoid sequester cuts with a short term budget fix today.

Obama Seeks Short-Term Cuts, Taxes

President Barack Obama called on Congress today to approve another round of short-term budget cuts and also changes in the tax code to eliminate some “loopholes” and avert the next deadline for automatic spending cuts. “If we’re serious about paying...

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Mike Petters, president and CEO of Huntington Ingalls Industries Inc.

Photograph by Christopher Powers/Bloomberg

Mike Petters, president and CEO of Huntington Ingalls Industries Inc.

Huntington CEO Doesn’t See Need for You-May-Be-Fired Notices

The chief executive officer of Huntington Ingalls Industries Inc. says he doesn’t think it would serve the company’s purposes to issue mass-dismissal warnings to workers even if U.S. spending cuts occur later this year. “We are much more of a long-term business,” said...

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Demonstrators protest proposed cuts to social security, medicare and medicaid in Boston.

Photograph by John Tlumacki/The Boston Globe via Getty Images

Demonstrators protest proposed cuts to social security, medicare and medicaid in Boston.

Sequestration Frustration Peaks Among Contract Managers

In the federal contracting world it’s “frustration all around” as the government careens toward yet another deadline for automatic cuts known as sequestration, according to the head of the National Contract Management Association. “Some things have been resolved, but nothing...

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