An anonymous reader quotes a report from TIME: President Trump's budget includes a simple accounting error that adds up to a $2 trillion oversight. Under the proposed budget released Tuesday, the Trump Administration's proposed tax cuts would boost economic growth enough to pay for $1.3 trillion in spending by 2027. But the tax cuts are also supposed to be revenue-neutral, meaning that trillion dollars is already supposed to pay for the money lost from the tax cuts. Former Treasury Secretary Lawrence Summers called the oversight an "elementary double count" and "a logical error of the kind that would justify failing a student in an introductory economics course" in an op-ed in the Washington Post.

Read more of this story at Slashdot.

An anonymous reader quotes a report from TIME: President Trump's budget includes a simple accounting error that adds up to a $2 trillion oversight. Under the proposed budget released Tuesday, the Trump Administration's proposed tax cuts would boost economic growth enough to pay for $1.3 trillion in spending by 2027. But the tax cuts are also supposed to be revenue-neutral, meaning that trillion dollars is already supposed to pay for the money lost from the tax cuts. Former Treasury Secretary Lawrence Summers called the oversight an "elementary double count" and "a logical error of the kind that would justify failing a student in an introductory economics course" in an op-ed in the Washington Post.

Read more of this story at Slashdot.

Emergency declaration follows ongoing attack by about 100 fighters in the southern city of Marawi on Mindanao.

Emergency declaration follows ongoing attack by about 100 fighters in the southern city of Marawi on Mindanao.

An anonymous reader shares an ArsTechnica report: Gregory Allen Justice, a 49-year-old engineer living in Culver City, Calif., has pleaded guilty to charges of attempted economic espionage and attempted violation of the Export Control Act. Justice, who according to his father worked for Boeing Satellite Systems in El Segundo, Calif., was arrested last July after selling technical documents about satellite systems to someone he believed to be a Russian intelligence agent. Instead, he sold the docs to an undercover Federal Bureau of Investigation employee. The sting was part of a joint operation by the FBI and the US Air Force Office of Special Investigations. The documents provided by Justice to the undercover agent included information on technology on the US Munitions List, meaning they were regulated by government International Trade in Arms regulations (ITAR). "In exchange for providing these materials during a series of meeting between February and July of 2016, Justice sought and received thousands of dollars in cash payments," a Justice Department spokesperson said in a statement. "During one meeting, Justice and the undercover agent discussed developing a relationship like one depicted on the television show 'The Americans.'"

Read more of this story at Slashdot.

An anonymous reader shares an ArsTechnica report: Gregory Allen Justice, a 49-year-old engineer living in Culver City, Calif., has pleaded guilty to charges of attempted economic espionage and attempted violation of the Export Control Act. Justice, who according to his father worked for Boeing Satellite Systems in El Segundo, Calif., was arrested last July after selling technical documents about satellite systems to someone he believed to be a Russian intelligence agent. Instead, he sold the docs to an undercover Federal Bureau of Investigation employee. The sting was part of a joint operation by the FBI and the US Air Force Office of Special Investigations. The documents provided by Justice to the undercover agent included information on technology on the US Munitions List, meaning they were regulated by government International Trade in Arms regulations (ITAR). "In exchange for providing these materials during a series of meeting between February and July of 2016, Justice sought and received thousands of dollars in cash payments," a Justice Department spokesperson said in a statement. "During one meeting, Justice and the undercover agent discussed developing a relationship like one depicted on the television show 'The Americans.'"

Read more of this story at Slashdot.

Tedros Adhanom elected to head UN agency but controversy surrounds his role in Ethiopia's repressive government.

Tedros Adhanom elected to head UN agency but controversy surrounds his role in Ethiopia's repressive government.

New submitter Rick Schumann writes: According to this story just posted here on Slashdot, Comcast is playing about as dirty as they can get. This is just about the last straw for me; are there any ISPs in the United States that actually respect your online privacy?

Read more of this story at Slashdot.