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When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.
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."
President Obama's Fiscal Responsibility Summit offers a valuable opportunity to focus public attention on an unsustainable budget outlook and to highlight various approaches to meaningful action.
Congress should establish a bipartisan commission to address our long-term fiscal imbalance.
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.
At this AEI event, House Budget Committee Chairman Paul Ryan will deliver remarks on the nation's fiscal and economic challenges.
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).
President Obama attacked Rep. Paul Ryan’s budget as “nothing but thinly veiled Social Darwinism.” That is not surprising. What is surprising is that the chairman of a major committee of the U.S. Conference of Catholic Bishops launched a similar scathing attack against Ryan.








