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.

The "Buffett Rule's" stated goal of making millionaires pay the same tax rates as the middle class is appealing. Unfortunately, the proposal is based on inaccurate claims about the tax system and its enactment would penalize the investment that fuels long-run economic growth.

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."

The joint statement released by the Defending Defense Coalition details the devastating impact that the upcoming automatic sequestration would have on the U.S. military and the consequent need for the House of Representatives to pass the reconciliation bill in order to defend national security strategy.

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

The US government has funded agricultural disaster aid programs for nearly a century, mainly on an ad hoc basis between 1970 and 2008. The new Supplemental Revenue Assistance Payments (SURE) program for crops is the budgetary and economic-efficiency elephant in the disaster aid policy room.

Will the U.S.-India relationship live up to its potential as a solid partnership between the world’s oldest and largest democracies, and have potentially transformative consequences for Asia and the world?

On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return."