Trump Did A 180 yesterday… And Another Today (National Public Radio) Paul Steidler says there have been proposals in the past to stop the hemorrhaging at the Postal Service. However, “there is no strategy… no hope for getting out of the mess they are in.” The full interview is available here.
U.S. Postal Service Retirement Plan Deficit Continues to Grow (Federal News Radio) If the U.S. Postal Service took a more traditional and diversified approach to its retirement plan investments it would be in a much better position financially. Instead, the Postal Service only invests in low-interest government bonds. Paul Steidler d ...
Trump Administration Requests $74 Billion Increase For Defense Department (National Defense) Dan Gouré, senior vice president at the Lexington Institute, said he is more concerned about what happens in the out years. If there are two years of increases then afterwards budget caps are reinstated and budget numbers fall again, “then we may do as much harm as good.”
Pentagon Risks Getting ‘Fatter Not Stronger’ With Spending Increases Sought In New Budget (USA Today) The increase may be short lived because of the mounting national debt, said Loren Thompson, a defense industry consultant and an analyst at the Lexington Institute.
The Hackers’ Playbook: How An Embarrassing Breach Became A Master Class In Cybersecurity (Raytheon) The potential for that damage is far-reaching, said Constance Douris, who studies cybersecurity for the Lexington Institute, a Washington, D.C. think tank that focuses on defense. She said hacking the power grid is essentially a newer way of attacking a traditional military target.