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.

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.

The primary drivers of our growing debt burden are the “Big 3” entitlements of Social Security, Medicare and Medicaid. Yet as part of the debt ceiling deal that created sequestration when the Super Committee failed, politicians effectively fenced off nearly two-thirds of the federal budget and the main source of our over-spending. 

One of the myths that has grown up around the budget debate is that tax increases and spending cuts are just two sides of the same coin. Every week, it seems, some well-meaning group calls on the Republicans and Democrats to agree to a simple formula: the Republicans would agree to tax increases and the Democrats to spending cuts. Unfortunately, it's not as simple as that.

On Tuesday, May 15, join the American Enterprise Institute, the Center for a New American Security and the New America Foundation to discuss an issue sure to face the next president: U.S. defense spending in light of American grand strategy.

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 wake of the newly-released Ryan budget proposal, AEI agricultural economist Vincent Smith discusses the implications for agricultural subsidies and explains why more budget-cutting is imperative.

At this event, we will discuss the Obama administration's FY 2013 defense budget and the broader context behind its new strategic guidance.