Social Security is currently unsustainable. It began running deficits in 2010 and its trust fund will be exhausted by 2036, which is when seniors will see about a 25 percent cut in benefits. This is the scenario we face if Congress and the President fail to enact meaningful entitlement reform and continue reckless fiscal policies. […]
It’s Round 2 in President Obama’s effort to get the U.S. Senate to agree to ratification of a major international treaty. Late last year, the President successfully pressed the Senate to ratify the New START treaty with Russia, which dealt with nuclear weapons. Now, it’s ramping up pressure on another treaty, the United Nations Convention […]
Last March, Turkish President Abdullah Gül and Prime Minister Recep Tayyip Erdo?an accused Western leaders of intervening in Libya in order to take control of Libya’s vast oil and gold resources. Today, however, Turkey—NATO’s once ardent opposition to military engagement—is one of the United States’ most active partners in seeking regime change. Turkey’s roadmap is […]
Children served by private adoption and foster care organizations are finding themselves among the victims of collateral damage of state decisions to legally recognize same-sex couples. From county courts to the U.S. Congress, the debate over protecting the conscience rights of religious institutions is heating up. Before Illinois passed a civil union law this spring, […]
The head of the Iranian regime is not the president, Mahmoud Ahmadinejad, but rather the Supreme Leader, the Ayatollah Ali Khamenei. The Iranian regime, according to its 1989 constitution, is […]
America’s new secretary of defense, Leon Panetta, has a reputation for candor. Panetta was characteristically outspoken about Iranian involvement in support of Shiite insurgents in Iraq. During his visit to Iraq and after missiles were fired from a Shiite neighborhood into the protected “Green Zone” of the city, Panetta blamed Iran for supporting the insurgents […]
This morning Republicans will have their last chance to get answers about the Consumer Financial Protection Bureau before it opens on July 21. The brains behind the operation, Elizabeth Warren, is scheduled to testify before the House Oversight and Government Reform Committee at 9:30 a.m. ET. Today also marks the second day of the Roger […]
What if a sports team continued to lose more and more games, even as it continued to spend more money on brand new uniforms, state-of-the-art facilities, and more coaches? You would probably begin to wonder whether all the new spending was doing any good. Unfortunately, a story like this plays out in America’s public school […]
Federal Reserve Chairman Ben Bernanke is due to deliver the Semiannual Monetary Policy Report to Congress today before the House Financial Services Committee. What will he say about unemployment, if anything at all? The stakes are high with Bernanke’s approval rating at an all-time low. The hearing starts at 10 a.m. The Senate Finance Committee […]
This morning, the House Budget Committee invited Health and Human Services Secretary Kathleen Sebelius to a hearing on the Independent Payment Advisory Board (IPAB), the left’s weapon of choice for tackling Medicare’s $38 trillion in unfunded promises to America’s seniors. Both sides of the debate agree that extensive reductions to Medicare’s runaway spending are needed, […]
