With budget sequestration just a few weeks away, Congress and the White House don’t appear any closer to reaching a compromise. Congressional Republicans on Feb. 6 offered up the “Down Payment to Protect National Security Act of 2013,” as a means of staving off the dreaded across-the-board defense cuts slated to take effect on March 1. The down-payment plan would prevent additional cuts to the Pentagon’s budget in Fiscal 2013 beyond the $46 billion already cut over the past two years under President Obama’s “budget-driven defense strategy,” states a House Armed Services Committee fact sheet. That’s in contrast to the President’s proposal to avoid the sequester by cutting $21 billion from the Pentagon’s budget for the remainder of the fiscal year in addition to more tax hikes and some lesser non-defense spending cuts, according to the HASC’s analysis. Click here to continue to the full report.
We looked back on the past 12 months to find the stories that resonated the most with you, our audience, and these 10 topped the list. Maybe you missed one the first time around, or perhaps you’d like to revisit a favorite.