The Financial and Economic Committee of the National People's Congress carries out the review of the 2024 plan and budget in accordance with the law
On the morning of March 7, the Financial and Economic Committee of the 14th National People’s Congress held a plenary meeting to review the 2024 plan report submitted by the State Council to the Second Session of the 14th National People’s Congress based on the review opinions of various delegations and relevant special committees. and review draft plans, budget reports and draft budgets. The meeting adopted the “Report on the Review Results of the Financial and Economic Committee of the 14th N ...
Keyword of the 2024 National Two Sessions is to accelerate the development of new quality productivity
“Accelerating the development of new productive forces” is included in this year’s government work report and is listed as one of the top ten tasks in 2024.
Since “new quality productivity” was first proposed in 2023, its popularity has continued to rise. The Central Economic Work Conference held at the end of 2023 emphasized the need to promote industrial innovation through scientific and technological innovation, especially disruptive and cutting-edge technologies to spawn new industries, new ...
Supreme Court Ruling Settles Ballot Questions, but Hardens Political Divisions
The U.S. Supreme Court brought certainty on Monday to a primary season muddled by confusing and divergent state-level rulings by deciding unanimously that the 14th Amendment did not allow states to disqualify former President Donald J. Trump.
But reaction to the ruling showed that the challenges to Mr. Trump’s candidacy had hardened political dividing lines and angered Republicans who saw the lawsuits as an antidemocratic attempt to meddle in the election. And the ruling was handed down as vote ...
61% of Biden's 2020 Voters Now Say he’s 'Too Old to Be an Effective President'
This weekend’s New York Times and Siena College Poll that was released Sunday has to have the Biden White House coming unglued. It shows just how much even his own 2020 voters or supporters worry about his age – and their concern is intensifying. There’s literally no good news in the poll for Biden, and every piece now shows Donald Trump with a measurable and unmistakable lead.
The majority – 61% of voters who cast ballots for Mr. Biden in 2020 – now say he’s “too old to be an effective preside ...
GAO Identifies Sustainment Cost Overruns in DOD Weapon Systems, Urges Clarification
The Government Accountability Office (GAO) recently scrutinized the Department of Defense’s (DOD) Fiscal Year 2022 sustainment reviews, revealing cost overruns in nearly half of the weapon systems analyzed. According to the GAO report, seven out of 16 weapon systems exhibited sustainment cost growth beyond legal thresholds, prompting recommendations for enhanced guidance.
Deep Dive into DOD’s Sustainment Cost ChallengesThe GAO’s analysis highlights a significant issue within the DOD’s managemen ...