CBO

FILE - In this Nov. 12, 2017, file photo provided by South Korea Defense Ministry, three U.S. aircraft carriers USS Nimitz, left top, USS Ronald Reagan, left center, and USS Theodore Roosevelt, left bottom, participate with other U.S. and South Korean navy ships during a joint naval exercises between the United States and South Korea in waters off South Korea's eastern coast. U.S. President Donald Trump promised to end “war games” with South Korea, calling them provocative, after meeting North Korean leader Kim Jong Un on June 12, 2018. His announcement appeared to catch both South Korea and the Pentagon by surprise. (South Korea Defense Ministry via AP, File)

CBO: DoD will need $735B by 2033 to cover cost of plans

In today’s Federal Newscast, the Congressional Budget Office takes a look at just how much it will cost for the Defense Department to go through with all…

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Congressional Budget Office offers ‘bold’ options to cut defense spending

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DoD

Trump military agenda could cost nearly $700B extra over 10 years

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Net Worth

Latest study on federal compensation puts public, private pay gap at widest margin yet

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Bob Tobias: Analysis raises concern about federal retirement overhaul

A congressional study is comparing five potential options for overhauling the federal retirement system. The options – including one doing away with guaranteed…

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$100 bills, Cash, Currency

Millionaires plan surgery to ‘fix’ your pension plan

Would you prefer that the doctor who’s going to perform brain surgery on you drive a brand new Tesla or a 1960 Volkswagen Beetle?

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Attacks on CBO legitimacy are unfair, says conservative analyst

Attacks on the legitimacy of the Congressional Budget Office are damaging to the policy process, incorrect and unfair, says a conservative economic analyst.

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