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Cap and trade may be superior to command-and-control regulatory approaches, but it is not necessarily superior to other alternatives, such as a carbon tax.
Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.
Until recently, there was wide consensus among macroeconomists that activist fiscal policy was inadvisable.
Most of the appropriated spending included in the stimulus package moving through Congress will occur too slowly to provide an effective stimulus to aggregate demand.
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."
In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
This AEI event will address the key policy areas that the Republican Study Committee hopes to influence in the coming years.
Rep. Paul Ryan’s budget is a big story in Congress, even though it barely made it through the House Budget Committee, will take a battle to pass on the House floor and has zero chance of being embraced as is, or in any facsimile, in the Senate. So why is it so big?






