The Obama budget is already being ripped by Republicans as a political document and by deficit hawks for its failure to attack the debt problem vigorously enough. But in context, it is worth a brief comparison to the Romney and Santorum visions.

At this event, Alan Viard will present the X tax proposal while James Mackie of the U.S. Department of the Treasury and Chris Edwards of the Cato Institute will offer commentary.

The next time a leading U.S. official insists that we are going to be "present" in Asia, journalists have a duty to ask, "With what?"

Obama has hesitated to act on key foreign policy and domestic issues.

Minister Shin-Yuan Lai addressed the unresolved questions centering around the Economic Cooperation Framework Agreement (ECFA) signed by Taipei and Beijing.

Given the declining share of retirement income provided by Social Security and traditional defined benefit pensions, individuals must take a more active role in their retirement saving decisions. The potential for confusion regarding the presentation of estimated Social Security benefits could complicate this process.