Although the Schumer-Lee plan deserves credit for seeking to promote international capital flows and labor mobility, it would neither make a measurable dent in the housing sector's backlog nor fix a broken immigration system that hampers our economy's long-run prospects.

Republican Bob Turner's win in the New York 9th district special election is a big reversal from the 2008 general election. Voters just issued what amounts to an emphatic thumbs down on the policies of the Obama Democrats. This result is a rebuke to Barack Obama, but it is a rebuke as well—a stinging one, perhaps more stinging—to Senator Charles Schumer.

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.

In 1984, Mario Cuomo pioneered the argument that one may be "personally opposed" to abortion while supporting abortion rights. Ever since, this convenient locution has become a staple for countless Democratic politicians, particularly Roman Catholic ones.

The scene came to mind Wednesday when I saw an instantly infamous clip of Eric Fehrnstrom, Mitt Romney’s communications director, comparing his candidate to a children’s toy.

The Financial Crisis Inquiry Commission issued its majority report in January 2011, stating that the 2007-2010 crisis was "avoidable" and caused by widespread failures in financial regulation. Commission member Peter Wallison disagreed.

We must ensure that the Lifetime Savings Accounts are not just another entitlement program added on top of all the excessive entitlement obligations we already have.

It is good that we will have some disclosure of the mega-donors to the spate of super PACs that have dominated the landscape and the airtime across the presidential primaries and caucuses so far — but it is ridiculous that reporting requirements are so lame that the first disclosure in six months will not come until after the Florida primary.