Argentina's pension system makes for a striking example of the pernicious effects of pay-go on federal budgets.

In an era of stories about teacher layoffs and teacher unions protesting for better pay and benefits, it's assumed that this profession gets the short end of the wage stick when it comes to serving in public schools.

If you look in the right places, something good is percolating in Washington that might actually help the economy.

Legislators would like to provide generous, gold-plated health insurance coverage to almost all Americans, but no one wants to pay for it.

FOR IMMEDIATE RELEASE: February 9, 2007

AEI resident scholar and former Federal Reserve Bank of Dallas economist Alan D. Viard has the following observations about President Bush’s recently released $2.9 trillion budget which extends the 2001 and 2003 tax cuts, cuts discretionary spending and projects a budget...

Congress must address pressing financial needs without raising taxes in such a way that it does not harm the economy.

Whichever party is in opposition claims the fiscal-hawk mantle. The party in power pays lip service to fiscal responsibility, but ignores it in practice.

How will Democratic leadership in both chambers of Congress affect economic policy?