August 21, 2019

MORNING COFFEE: COLA Cut May be Restored

Congress may act this week to restore full cost-of-living adjustments for working-age retirees forcibly retired from the military for medical reasons. Restoration may be included in the omnibus spending bill.

Pentagon to Examine JSF Costs, Pessimistic about Budget Fix

F-35C JSF formation

Reeling with productivity losses from the shutdown and facing another sequestration hit, the Pentagon continues with plans to sell $10.8 billion in munitions to Persian Gulf allies.

GOP Hawks Say Drop Obamacare from Budget Battle

Movement in the Republican Party and from the White House seeks ways to get the federal budget on track and remove Obamacare from the battle.

DoD Workers Return, Some Might Not Stay

Returning DoD workers also reduced furloughs in defense contracting firms, but legislators appear ready to extend the spending freeze as they argue about raising the debt ceiling.

Bet on the Shutdown, Be the Only Budget Winner

Most DoD civilians return to work this week and all furloughed federal workers look to receive back pay, but industry layoffs threaten and military recovery time grows. An emerging futures market based upon government outcomes may prove the best bet in town.

Congress Closes Government Rather than Compromise

Brinkmanship, partisanship, disruptive or stupid — whatever you call it, Congress shuttered government and froze most federal workers’ paychecks, but not their own.

House Partisanship Draws Government Closer to Shut-down

Partisanship drags US toward closure while one Democrat and two Republican governors ally to strengthen their chances for an FAA drone designation..

Joint Chiefs Chair & Vice-chair Face SASC

Gen. Martin Dempsey and Adm. James Winnefeld will field global questions from the Senate Armed Services Committee, but confirmation of second terms for the Chair and Vice-Chair of the Joint Chiefs is expected.

Furloughs Begin Across DoD

US business insists China end commercial cyber-espionage while Estonia warns against trusting US cloud technology and MIT maps your g-mail network.