Defense
  • Defense Dollars Would Increase Under Obama Budget

    By Merrill Goozner, The Fiscal Times

    The Obama administration proposed a 2013 Pentagon budget that will increase military spending over the next five years and doesn’t cut any major procurement programs. Though billed as a $487 billion...

  • Pentagon to Preview Deep Budget Cuts

    By DAVID ALEXANDER, Reuters

    The Pentagon will preview a budget proposal this week that begins to implement $487 billion in spending cuts over the next decade by trimming the size of the military and canceling or scaling back...

  • State of the Union: Experts Predict Obama's Message

    s President Obama prepares to deliver his fourth State of the Union Address tonight amid a highly toxic political atmosphere, The Fiscal Times asked eight budget and political experts to spell out...

  • Iran Backs Off Threat to U.S. Carrier

    By DAVID ALEXANDER, Reuters

    A U.S. aircraft carrier sailed through the Strait of Hormuz and into the Gulf without incident on Sunday, a day after Iran backed away from an earlier threat to take action if an American carrier...

  • Pakistan Helps U.S. Drone Campaign

    By CHRIS ALLBRITTON, Reuters

    The death of a senior al Qaeda leader in a U.S. drone strike in Pakistan's tribal badlands, the first strike in almost two months, signaled that the U.S.-Pakistan intelligence partnership is still in...