In a surprise move, the co-chairs of the National Commission on Fiscal Responsibility and Reform, former Clinton Chief of Staff Erskine Bowles and former Senator Majority Whip Alan Simpson (R-WY), held a press conference today - three weeks in advance of the due date for the Commission's final report - to announce their draft recommendations on how to reduce the federal budget deficit. [more inside]
posted by Joe Beese
on Nov 10, 2010 -
125 comments
January: Newly sworn-in President Obama says, "We need greater investment in... essential systems like the C-17cargo... aircraft, which provide the backbone of our ability to extend global power." April: Secretary of Defense Robert Gates says, "Our analysis concludes that we have enough C-17s, with the 205 already in the force and currently in production." May: The Office of Management and Budget proposes the termination of the C-17 program with a savings of $17 billion. July: The 2010 Defense Appropriations Bill includes funding for the program. September 29: Sen. John McCain (R-AZ) proposes an amendment to strip that funding - "You can't walk through these hallways without bumping into a lobbyist from Boeing." September 30: By a vote of 64 to 34, the Senate defeats the amendment.
posted by Joe Beese
on Oct 1, 2009 -
113 comments
