Whereas the private sector has an incentive to trim costs and efficiently allocate resources, the government often does not. This is not a new problem, but at a time in which sequestration, spending caps and deficits have become part of the national political lexicon, one would think Congress would at least deal with low-hanging fruit.
For all the positivity about the April jobs report — lowest unemployment rate in four years! the U.S. job market remains dismal. One statistic makes the point: Just 58.6 percent of American civilians aged 16 and up had jobs
It may not be a comprehensive and enduring answer to the problem of veteran unemployment, but it’s a start, and it’s driven entirely by private-sector initiative. To their credit, the Obama administration offered praise for Walmart’s efforts.
Economic measures — ranging from retail sales to the index of leading economic indicators — have begun to display softness and even declines.
Its the inverse of the federal budget world these days, in which automatic spending cuts are leaving sought-after pet programs struggling or unpaid together.
In one critical area of the Obama budget — long-term deficit reduction — the president has offered less than not only the House Republican budget but also the proposal by the Senate Democrats.
The big news of the week is the release of President Obama’s budget proposal for Fiscal Year 2014 on Wednesday. As I posted here yesterday, budget proposals are one way that leaders in Washington signal what they value. And based on that principle, here’s what we know President Obama values: more and more government spending.(…)
Today, the Department of Veterans Affairs is in an analogous quagmire as it struggles to provide benefits quickly to veterans of all generations.
With the release of President Obama’s budget plan today (only two months late!), brace yourself for a torrent of commentary on his proposals for revenues and spending. Here’s a quick overview of the president’s budget…
President Obama will release his proposed budget on April 10 — the same day he is scheduled to have dinner with up to a dozen Republican senators, officials said Thursday.