U.S. credit downgrade long overdue

I heard it reported that Timothy Geithner, the treasury secretary of the U.S., said that Standard & Poor’s made a terrible decision when it downgraded the U.S. government’s credit rating. He claimed this showed that S&P didn’t understand the math that is used to figure the U.S. government’s budget. Yeah, I don’t understand the fantasy […]

Budget delays harming readiness

Defense officials are shaking their heads in disbelief as congressional leaders continue to delay passing a wartime defense appropriations bill for fiscal year 2011, which began last October. With the military spending bill now more than five months overdue, lawmakers last week passed a new stopgap “continuing resolution,” this “CR” to last two weeks, so […]

Their view: Senate overdue for reform

Senate overdue for reform Sen. Tom Udall, D-N.M., on his push for sweeping procedural changes in the Senate: Over one year ago, after observing the unprecedented dysfunction in the U.S. Senate, I stood on the floor of the chamber and called on my colleagues to reflect on what this institution has become and what we […]