President Obama is expected to make his case for a debt ceiling increase at a press conference this morning. The development comes as House Republicans are reportedly weighing “default” and “government shutdown.” While it’s encouraging that conservatives are gearing up for a fight, it’s important that policymakers and the public …
By delaying defense sequestration two months, President Obama and Congress have shown their unambiguous recognition that sequestration’s automatic and indiscriminate cuts to the U.S. military pose clear dangers to national security. However, America’s leaders must now match their recognition of this reality with the resolve required to definitively stop defense …
It seems that no aspect of American life can escape government regulation. In the past year, regulators drafted rules that addressed everything from caloric intake to dishwasher efficiency. Most of these rules increase the cost of living, others hinder job creation, and many erode freedom. Not all regulations are unwarranted, …
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just days left for President Obama and lawmakers in Congress to avert a major tax hike, sequestration, and other major policy changes, today we bring you …
Last week North Korea successfully launched an Unha-3 rocket, thereby demonstrating an alarming capability to target U.S. territory with ballistic missiles. China is rapidly expanding its fleets and arsenals in an unprecedented military build-up, while intimidating other countries in East Asia—including U.S. allies. The Middle East is a conflagration of …
The threat of sequestration—the half-trillion dollar cut to defense set to occur January 2, 2013—has been debated and prevention plans have been discussed since before it was even written into law. The budgetary measure was written to be so unpalatable that Congress and the Administration would have to find a …