Make the Treasury Department truly responsible for managing all the government's debt. Managing only Treasury securities deals with only about half, and sometimes less than half, of the effective government debt.

In The Battle: How the Fight between Free Enterprise and Big Government Will Shape America's Future (Basic Books, June 2010), Arthur C. Brooks, president of the American Enterprise Institute for Public Policy Research, outlines a new culture war over two competing visions of America. In one, America continues as...

Many Americans resent banks' roles in the financial crisis and in home foreclosures, and are angered at huge salaries paid by firms that received taxpayer money. These feelings are understandable, but not the entire picture.

It isn’t easy to attract 2,000 people to a conference on women’s rights. But Tina Brown, editor-in-chief of Newsweek and the Daily Beast, carried it off. On March 8, she filled an auditorium at Lincoln Center in New York City with mostly high-powered professional women and kept them enthralled for three days.

In his remarks this week in Osawatomie, Kan. — the site of Theodore Roosevelt’s famous 1910 “new nationalism” speech — Obama laid out the themes for his reelection campaign. And from where I’m sitting, it looks like the president not only lost his battle against cynicism, he defected to the other side.

Punishing political enemies? So Nixonian, so last century. Yet, 40 years later, the Obama administration found a good government way to pursue the same objective.

Congress cannot blunt the impact of the Supreme Court's ruling in Citizens United v. Federal Election Commission, which ruled that corporations have a First Amendment right to make independent expenditures on speech designed to influence elections, by denying tax breaks to those that exercise that constitutional right.

The current poor economic climate is not as bad as it is going to get. Some say the economy is going to get worse before it gets better.