The annual Social Security Trustees Report, released on Monday, confirms that the program is significantly underfunded. After decades of delay, Congress and the next president will need to take steps to restore Social Security's finances and improve Americans' retirement income security. Although it might seem counterintuitive, one positive step toward...

The Shadow Financial Regulatory Committee works to identify and analyze developing trends and ongoing events that promise to affect the efficiency and safe operation of sectors of the financial services industry; explore the spectrum of short- and long-term implications of emerging problems and policy changes; help develop private, regulatory and legislative responses to such problems that promote efficiency and safety and further the public interest; and to assess and respond to proposed and actual public policy initiatives with respect to the impact on the public interest.

Our research shows that competitive bidding—a key feature of the Wyden-Ryan plan—could save Medicare $339 billion over ten years while maintaining basic benefits and without raising taxes. Crucially, the elderly would not be exposed to the risk of higher health care costs, as in approaches that would set fixed voucher payments toward the purchase of medical insurance.

It’s time for the Pentagon and the American defense industry to develop a new way of doing business. They must look to Israel.

As persuasive it may be on its face, the case for rethinking US Taiwan policy and, more specifically, withdrawing American security assistance, is overstated. Such a policy change would not serve the interests of the United States, Taiwan, or China; nor would it solve the problems its proponents claim they want to address.

By the end of the year, 10,000 American soldiers in Afghanistan will be home with their families--and their memories. As many as 20 percent of them will suffer from post-traumatic stress disorder, anxiety or depression, while suicide rates have reached tragic new highs among veterans. In response, the Department of Veterans Affairs has greatly expanded its mental health services.

Have efforts to cultivate "vocational" citizenship skills failed to satisfy the broader obligation of schools to cultivate the next generation of citizens and civic leaders?