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Clinton's Defense Budget Falls Far Short

President Clinton's 1995 defense budget, which allocates $1.29 trillion for defense from 1995 through 1999, continues his Administration ,s systematic dismantling of the nation's defenses so painstakingly rebuilt by Ronald Reagan in the 1980s., In the Clinton plan, the Department of Defense will fall short of its funding re- quirements-as outlined in the Administration's own "Bottom-Up Review"-by nearly $ 100 billion. The Ad- ministration and Congress must stop looking for "savings" in the defense budget, which has paid more than its share in cost-cutting efforts by three Administrations since the Reagan build-up peaked in 1985. To be sure, Clinton slightly raised this year's defense budget by $1.8 billion.2 However, when adjusted for in- flation, the 1995 defense budget still shows a decline of 0.9 percent. This is the tenth straight year of declining defense budgets. Furthermore, the budget will decline in inflation-adjusted terms in each of th

Texas District Court Orders Transfer of the Credit Card Late Fee Rule Lawsuit to D.C. … Again: Fifth Circuit Promptly Issues Stay | Troutman Pepper

Appeals court again nixes judge's transfer of CFPB late-fee case to D.C.

A federal judge in Texas is locked in a back-and-forth with an appeals court over whether the industry's challenge to a cap on credit card late fees should be moved to Washington, D.C.

Three members of drug enterprise sentenced for federal drug crimes

CVS, Christian nurse fired for pro-life views reach settlement

A Christian nurse practitioner who sued CVS for firing her after she refused to dispense abortion-inducing drugs for religious reasons has reached a settlement with the corporation.