What our friends and allies in Asia fear most is having to make a choice between following a declining America or accommodating a rising China.

As I listened to House Budget Committee Chairman Paul Ryan describe his latest budget plan in a speech at American Enterprise Institute on Tuesday, I couldn't help thinking how different things will be in Britain today when Chancellor of the Exchequer George Osborne steps out of Number 11 Downing Street with a battered red briefcase holding his budget for the forthcoming year.

The 30-year fixed-rate mortgage is not the unmitigated blessing Fannie and Freddie loyalists imply. It is a big reason U.S. mortgage markets are in such bad shape.

The Administration’s growing gap between the newest defense strategy and budget makes more sense when viewed in the context of the administration’s domestic priorities. Just as President Obama wants to raise taxes on some Americans in order to pay for others, the administration is weakening America’s military strength in order to pay for expansive domestic federal programs.

At this event, panelists discussed the emergence of geoengineering as a policy option and the congressional hearings being held on the subject.

Defending Defense has issued a primer on China's military build-up and its implications for American defense spending.

Obama's supporters may say America's influence is in decline, but it need not be: Libyans seek U.S. assistance.

Canada held an election last Monday and the result was anything but boring. The headline story is that the Conservative Party of Prime Minister Stephen Harper, who has headed minority governments since 2006, won an absolute majority of seats, 167 of 308, in the House of Commons. The Conservatives' triumph offers a couple of lessons that may be relevant to U.S. Republicans.