The Romney 4 percent Pentagon budget is no “spike”; it’s more like a return to normal, even very constrained military spending given the global mission of America’s armed forces.

How much will Obamacare -- call it the Patient Protection and Affordable Care Act if you like -- cost over the next 10 years? More than you've been led to believe, reports Charles Blahous of George Mason University's Mercatus Center.

A new CBO study shows that federal-government employees receive significantly higher compensation than private-sector workers with the same levels of education and experience. It confirms many of the findings of a 2011 study written by Andrew Biggs and Jason Richwine and helps rebut union claims that federal workers are underpaid.

On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return." 

Many public workers are overpaid relative to their private sector counterparts, especially in large, unionized states such as Wisconsin, Ohio and California. This may sound like a controversial claim, but it shouldn't. A consensus is building about the need for reform.

Several studies have shown that public-sector workers receive higher compensation than their counterparts in the private sector. Although, federal contractors have some of the advantages of private sector workers, in that poor performers can be dismissed and the composition of the contractor workforce altered, it is possible that they are overcompensated just as federal employees are right now.

Unless strong action is taken, federal health spending will continue to outpace the economy for the indefinite future.

In a just released piece in the New England Journal of Medicine piece, American Enterprise Institute (AEI) healthcare economist and former Congressional Budget Office official Joseph Antos assesses the Wyden-Ryan Medicare reform proposal.