Hope springs eternal among policy makers in Europe’s beleaguered periphery. At five minutes to midnight in Athens, and with a bank run having started in Madrid, these policy makers cling to the forlorn hope that somehow Germany is going to relent on its strong opposition to euro bonds.

The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.

Five years ago, in a maneuver that some of us regarded as a troubling move for a federal government swimming in red ink, Congress decided to temporarily supersize the subsidy on student loans.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

With the Supreme Court taking up Arizona’s “show me your papers” immigration law, we’re once again thrust into a useful debate over the role of the government and the obligations of the citizen — and non-citizen. Rather than come at it from the usual angle, I thought I’d try something...

A new study in the Journal of the American Medical Association has concluded that there's an extra 13 auto accident deaths attributable to Income Tax Day (i.e., generally April 15, but which falls on April 17 this year). This is a drop in the bucket compared to the actual carnage that might be reasonably attributed to paying taxes in America.

For America and her allies, dealing with the North Korean regime (to borrow a phrase from the current administration’s own Samantha Power) is a “problem from hell.”

Today, American Enterprise Institute (AEI) health expert and practicing physician Scott Gottlieb, MD explained in testimony before the House Ways & Means Committee and in an article on American.com, AEI's online journal, the harmful impact that the Independent Payment Advisory Board (IPAB) will have on Medicare beneficiaries and health care providers.