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With each passing day, Greece's economic and political malaise deepens despite one massive International Monetary Fund-European Union bailout package after another to keep that country afloat.
Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.
To shrink the near term deficits, President Obama must avoid his costly new initiatives, the most expensive of which are the tax cuts and income transfers to low- and middle-income households.
Warfighting is becoming more risky as authoritarian regimes modernize their forces. If the United States wants to retain the ability to respond successfully to crises across the globe with a leaner and more cost-effective force, then our leaders must recognize that maintaining control of the air is the starting point for U.S. military supremacy.
As policymakers continue their efforts to reduce the government’s role in the currently nationalized housing market, the broadly available and deep subsidies provided to the five divisions of the Government Mortgage Complex continue to distort the marketplace and thwart these efforts.
Richard Burkhauser of Cornell and Mary Daly of the Federal Reserve Bank of San Francisco, coauthors of The Declining Work and Welfare of People with Disabilities (AEI Press, September 2011), offer a "work first" approach that has the potential to shrink caseloads, curb costs, and improve the economic outlook for people with disabilities.
AEI defense expert Mackenzie Eaglen testifies before the oversight subcomittee of the House Armed Services Committee about how the US Navy's shipbuilding plan will critically downsize the size of the Navy at the same time that the demands on it are growing.
Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."







