Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."

Twenty-five top college students will travel to the American Enterprise Institute (AEI) in Washington, D.C. this June to participate in the 2012 American Enterprise Summer Institute. 

This AEI event will discuss the battle over greenhouse gas control bills. What are the cost implications? Are they likely to be effective?

In anticipation of President Obama's budget reform speech on Wednesday, April 13, several AEI scholars will be available to comment on the economic and political implications of the speech: Andrew Biggs, John H. Makin, Vincent Reinhart, Alan Viard, Michael Barone, Karlyn Bowman, and Norman J. Ornstein.

Dick Armey is noticeably non-specific in discussing what might be cut from Pentagon budgets. This amounts to a confession of ignorance in national defense matters.

FHA Watch, now in its second issue, focuses on the government’s taxpayer-backed Federal Housing Administration (FHA) mortgage guarantee program, the risks it poses for taxpayers, families and communities, and the opportunities for reform that lead to sustainable homeownership and a fiscally sound FHA Mutual Mortgage Insurance Fund.

No serious observer of the Federal Housing Administration (FHA) believes its financial future is bright. But few recognize just how troubled this government agency really is.

Obama’s way of war, his “rebalancing” of U.S. strategic priorities, and the damage done to American military power are already being felt in the world.