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Two questions face a Washington focused on cutting budgets and stressed after a decade of combat in the Middle East. First, do we have the will to succeed in the Indo-Pacific? And second, do we have the means to continue to lead?
The historic size of the Republican majority in the House, coupled with the unusually high number of freshmen members, will help Boehner in his efforts to cut government spending and fight Obamacare.
The individual mandate for health insurance is unconstitutional, but do not expect the Supreme Court to rule it so.
Current examples in Virginia and New Jersey suggest that voters may support spending cuts instead of tax increases through a value added tax.
This year promises a period of permanent crisis in Venezuela.
At its upcoming meeting, the Federal Open Market Committee will likely see little reason to change its monetary policy stance since economic developments have stood very much in line with the Fed's expectations.




