priations bills this year, for the Pentagon and other national security programs. But those measures did not include particularly deep cuts, because House Budget Committee Chairman Paul Ryan (R-Wis.) chose to shift the burden of the sequester onto domestic agencies when he drafted the GOP's budget blueprint for 2014.

with two of the administration's other top negotiators, [Mulvaney] and [Vought], with whom she refused to negotiate last summer's budget deal. ... House Budget Committee Chairman John Yarmuth (D., Ky.) said ... that Mr. Mulvaney would normally play a more visible role in the negotiations, `but I think Nick, he has

nded liabilities. They are the single biggest component of spending going forward. -- Ben Bernanke, Chairman of the Federal Reserve Testimony before House Budget Committee, June 9, 2010 The time we have is growing short...there are serious questions, most immediately about the sustainability of our commitment to growin

hat’s a very big part of the obligations of the federal government going forward. -- Ben Bernanke, Chairman of the Federal Reserve Testimony before House Budget Committee, June 9, 2010 KP Note: Emphasis added. (@)E) www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 249 Bad News: USA Inc.’s Entitlement