As NATO summits go, this weekend's meeting of the alliance's members in Chicago may be memorable if only for being the least memorable one in recent history. Of course, quiet summits are not necessarily bad summits. 

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.

The immediacy of America's fiscal problems presents an opportunity to reform and renew one of the largest expenditures in the federal budget.

With tax day deadline here, Congress returned to Washington Monday to vote on the "Buffett Rule," a proposal to impose a minimum 30 percent tax on people earning more than $1 million.

The proposal, which failed in the Senate, resembles the alternative minimum tax (AMT) in one way -- it was...

Judging by the financial market's renewed unease about Italy and Spain over the past week it would seem that all that the European Central Bank's €1 trillion liquidity injection in the European banking system bought was around four months of relative market calm.

I have found that the Uncertainty Principle of quantum physics actually has no analogue in foreign policy. Regardless, it is a good way to describe Obama's foreign policy doctrine.

Political dysfunction. Partisanship at record levels. Attack politics run amok. And public approval of Congress scraping the single digits (Sen. John McCain is fond of saying it's down to blood rlatives and paid staff).

At this AEI event, Senator Toomey will discuss this legislative proposal and other issues surrounding the forthcoming debt-limit debate in Congress, including how to bring about more comprehensive solutions to the country's fiscal problems and put the United States on the path to prosperity.