"Considering that Congress does not plan to zero out the federal role in education, we should be taking a closer look at what the federal government can and cannot do well in education. Congress must consider past successes and failures. An ESEA informed by what the federal government can do well--like promote transparency--will be most promising"

At this AEI event, House Budget Committee Chairman Paul Ryan will deliver remarks on the nation's fiscal and economic challenges.

Join us to hear U.S. Rep. John Kline (R-Minn.), chairman of the House Education and the Workforce Committee, discuss the Student Success Act and the Encouraging Innovation and Effective Teachers Act prior to their introduction in the U.S. House.

President Obama today unveiled a new national defense strategy  creating a "leaner"  force that Secretary of Defense Panetta allows will create "some level of additional but acceptable risk."  Moving away from the traditional two war strategy, and hinting at substantial reductions in Europe, the President presented a dramatic shift in global posture for the United States.

From the perspective of the corporate profit and loss statement, a trading loss is one expense item in the context of all revenues and expenses. So $2 billion should be compared to the bank's $26.7 billion in pretax profits for 2011, suggesting a reduction of something less than 10 percent in annual profit.

The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry--including banking, insurance and securities--who meet regularly to study and critique regulatory policies affecting this sector of the economy.