Repealing the Patient Protection and Affordable Care Act will not be enough, for a simple reason: Although Obamacare would worsen many of the problems with our system of health-care financing, that system clearly does call out for serious reform.

Intense debate continues over the appropriate level of marginal income tax rates, particularly as policymakers consider whether to extend part or all of the 2001 and 2003 tax cuts, which are currently scheduled to expire at the end of 2012.

There are many reasons to believe that this is the year for serious change in the health care system.

The burden of excise taxes in the America's Healthy Future Act of 2009 will largely fall on patients, meaning sick patients will be subsidizing the health care of other sick patients.

Public officials are in danger of overlooking a prime opportunity to overhaul the college financing system.

If Clinton is to maintain control over spending, let alone fund his own domestic initiatives, he will have to impose discipline on Congress by being prepared to veto bills.