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The deeper problem is that no version of a fiscal union can save Europe or the euro. The principal authority for this proposition is Alexander Hamilton.
The instinct of some liberal voices to lay blame for the Arizona shootings on the right, before any facts were known, is unseemly and potentially more divisive that the spirited rhetoric that is their target.
On Friday, August 8, the longstanding tensions between Georgia and Russia over the separatist region of South Ossetia escalated dramatically. Reports indicate that late last week, Georgia’s staunchly pro-Western government launched an offensive to reclaim the territory, shelling secessionist militias and sending forces into the city of Tskhinvali. Russia, which...
In 1980, the Environmental Protection Agency launched its Superfund program. Although modified in 1986, the Superfund effort is a major target of congressional reform efforts. Policymakers and analysts have two main sources of dissatisfaction. First, cleanups of hazardous wastes are expensive, averaging $25.7 million per site. Estimates of the...
Tension between the executive and legislative branches is evident in the conflict between executive privilege and congressional oversight.
Even if the trigger isn't enacted, I am concerned that guidance from the White House would direct cuts beyond what the Defense Department is prepared to absorb. It's time to focus our fiscal restraint on the driver of our debt, not the protector of our prosperity.
State bankruptcy must serve to break the stranglehold of public-sector unions over state politics and budgets; help restore the federal government's precommitment against bailing out states; and advance, rather than distract from, the far more fundamental federalism reforms that will be required over the coming years.
These days, the "Tuesday to Thursday Club" is essentially universal. Members straggle in late Tuesday afternoon, then scramble to get out of town as early on Thursday as possible.





