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

Policymakers should not wait any longer to address the growing fiscal crisis in this country. Responsible reform of Medicare is a major component of any plan to place the country back on a sustainable fiscal path.

Wilfred M. McClay will deliver the April Bradley Lecture.

In "Wealth & Justice: The Morality of Democratic Capitalism", AEI President Arthur C. Brooks and former White House official Peter Wehner explore America's system of democratic capitalism and find that the morality of capitalism depends on the cultural and social climate from which it emerges.

Far from oppressing and depriving individuals, the free market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good.

By wide margins, Americans want our elected officials to work together. But Democrats and independents want compromise while Republicans want their politicians to stick to principle.

The forlorn and increasingly desperate climate campaign achieved a new level of ineptitude last week when what had looked like a minor embarrassment for one of its critics​—​the Chicago-based Heartland Institute​—​turned out to be a full-fledged catastrophe for itself. A moment’s reflection on the root of this episode points to why the climate campaign is out of (greenhouse) gas.

How will pending legislation determine the cost and availability of health insurance? Will it advantage some people over others?