Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, recently said if sequestration stands, "we wouldn't be the global power that we know ourselves to be today." He's right.

Alan D. Viard, a resident scholar at AEI, reviews the budget outlook, the need for tax reform and the benefits of moving to a progressive consumption tax. He also discusses his forthcoming book, Progressive Consumption Taxation: The X Tax Revisited, which he coauthored with Robert Carroll of Ernst & Young. The book will be published by AEI Press in the Spring.

Rep. Paul Ryan calls his budget plan the “Path to Prosperity,” but it could be termed as well a “Path to Security.” In reclaiming more than $200 billion of the nearly $500 billion in military cuts made in last year’s Budget Control Act (BCA), the House Budget Committee chairman takes national security more seriously than does our commander in chief.

Countries seeking toaid Liberia should focus on pressing problems and not their own pet projects.

In a sharp break from that campaign stance and the Administration's first three budgets, President Obama is now calling for an all-in dividend tax rate of almost 45 percent, the highest rate in 27 years. The president's about-face bodes ill for the economy.

Hubbard and Duggan make the case that current foreign aid and Third World projects--particularly in Africa--aren't working and that the developed world must rethink how it allots aid money.

The president’s State of the Union address made no mention of what is purportedly his signature domestic policy achievement: the Affordable Care Act.

Deferring to a Democratic Congress on the stimulus seemed like smart politics--but nothing is free in politics.