Recent economic research suggests that colleges siphon off a significant portion of federal education aid rather than lowering costs to students

Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.

If President Obama still wants to turn our economy around, it's time for him to act more like Franklin Roosevelt-but not in the way he might think.

A total of 15 different U.S. food and nutrition programs (FANPs) serve about one in four Americans at a current annual cost of almost $100 billion. Can the government actually improve our personal eating habits? Are these billions of dollars well-spent?

America is nearing a decisive moment.  Unless Congress acts to change current law, automatic sequestration cuts will slash future spending on national defense across-the-board by over $500 billion beginning early next year.

We simply have to face the fact that banking is fundamentally risky. As I decided long ago when working in banks, the reason we needed to wear dark suits and have classic buildings was to look conservative in order to offset the real riskiness of what we were doing. 

The Byzantine Empire’s long run — 1,100 years — may seem remote from the 21st century, but a reading of its history offers at least three timeless lessons.

The joint statement released by the Defending Defense Coalition details the devastating impact that the upcoming automatic sequestration would have on the U.S. military and the consequent need for the House of Representatives to pass the reconciliation bill in order to defend national security strategy.