Defense Panel: Obama Administration Defense Strategy ‘Dangerously’ Underfunded

U.S. F18 Hornet fighter attack aircraft prepare to take off from the deck of the U.S. nuclear-powered aircraft carrier, USS George Washington during a military exercise off South Korea's West Sea

U.S. F18 Hornet fighter attack aircraft prepare to take off from the deck of the U.S. nuclear-powered aircraft carrier, USS George Washington during a military exercise off South Korea's West Sea / AP

The Obama administration’s four-year defense strategy lacks funding needed for fulfilling global military missions and the U.S. military faces “high risk” in the world unless changes are made, according to a bipartisan report by a congressionally backed panel of defense experts.

Former Employees Allege Widespread Illegality at Taxpayer-Backed Solar Company

Abengoa Chairman Felipe Benjumea walks with Spain's King Juan Carlos / AP

A solar company backed by billions in stimulus funds routinely violated U.S. immigration law, workplace safety codes, and environmental regulations, replaced American workers with foreigners, and may be on the verge of bankruptcy, former employees tell the Washington Free Beacon.

Rouhani: ‘This Festering Zionist Tumor Has Opened Once Again’

Iranian President Hassan Rouhani / AP

Iranian President Hassan Rouhani lashed out at Israel in vitriolic terms on Wednesday, referring to Israel as a “festering Zionist tumor.”

Rouhani, who has been championed by Western media as a moderate reformer who could change Iran’s extremist ways, appears to be adopting a violent tone similar to Supreme Leader Ali Khamenei, who has advocated for the complete destruction of Israel in recent days.

Paul Ryan Slams Ex-Im Bank as ‘Crony Capitalism’

Paul Ryan

(Reuters) – Republican congressman Paul Ryan on Wednesday slammed the U.S. Export-Import Bank as a purveyor of “crony capitalism” that mainly helps a few large companies, and said Congress should focus instead on market reforms that speed growth for all firms.

Former Employees Allege Widespread Illegality at Taxpayer-Backed Solar Company

Abengoa Chairman Felipe Benjumea walks with Spain's King Juan Carlos / AP

A solar company backed by billions in stimulus funds routinely violated U.S. immigration law, workplace safety codes, and environmental regulations, replaced American workers with foreigners, and may be on the verge of bankruptcy, former employees tell the Washington Free Beacon.