deficit


Washington: The outgoing Chairman of the Joint Chiefs of Staff pulled no punches during his last week on the job, saying today that the across-the-board defense cuts under the so-called “doomsday” scenario will break the military.

For the first time, Adm. Mike Mullen said this afternoon that if the Super Committee set up by the White House is forced to cut any more from national security coffers, the military simply would not survive. Keep reading →

For those of you who want to read it the old fashioned way, here’s President Obama’s full speech:

Good morning, everybody. Please have a seat. A week ago today, I sent Congress the American Jobs Act. It’s a plan that will lead to new jobs for teachers, for construction workers, for veterans, and for the unemployed. It will cut taxes for every small business owner and virtually every working man and woman in America. And the proposals in this jobs bill are the kinds that have been supported by Democrats and Republicans in the past. So there shouldn’t be any reason for Congress to drag its feet. They should pass it right away. I’m ready to sign a bill. I’ve got the pens all ready. Keep reading →