Forbes columnist and former Treasure Department economist Bruce Bartlett explains how federal financial planning has evolved over time.
Some of Obama's budget proposals are sound policy, but congressional gridlock and faster economic reforms in China and Europe could jeopardize U.S. competitiveness, says Economist.com editor Ryan Avent.
Gerald F. Seib views the federal budget deficit as a potential national security threat, emphasizing that budget deficits make America vulnerable to foreign pressures, allow Chinese power to grow as a result, put long-term national-security budgets at risk, and underme the American model before the rest of the world.
This Washington Post examination of President Obama's budget blueprint for 2010 underscores what agencies will gain or lose from the proposed budget.
Edward Alden says that Canada's turnaround in the 1990s from running more than two decades of budget deficits offers lessons for the United States today.
Peter Beinart writes, "after years of evasiveness by the GOP, finally some frank talk about deficits from Obama and even from Hillary in China."
Many of the economic reforms under discussion now, including the fiscal stimulus and infrastructure spending, were central in the original New Deal package. But as Amity Shlaes argues in this New York Post op-ed, many of these reforms didn't work well then, and some failed outright.
CFR's Benn Steil analyzes the financial rescue plan under debate on Capitol Hill and suggests adjustments that he says would make it more effective and less risky for the federal government.
Robert Hormats, the vice chairman of Goldman Sachs International, discusses hidden economic costs of the Iraq war and urges frank discussion of the U.S. military budget.
Joseph Stiglitz, a Nobel Prize-winning economist, and Robert Hormats of Goldman Sachs International discuss the impact of the Iraq war on the U.S. economy.
The White House and Congress are currently working on an economic stimulus package to boost the U.S. economy. In this Bloomberg article, Amity Shlaes looks at short-term economic measures in a historical context and argues that tinkering with the economy may not be the best idea.
Following the financial mayhem of 2008, world policymakers are planning an ambitious program of economic stimulus spending for 2009. Economists say the success of these measures will rely on timely, targeted implementation, and temporary mandates.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.
The authors assess the political, security, and economic challenges facing U.S. policymakers in Afghanistan and evaluate a range of policy options.
Maximalist finds lessons in the past that anticipate and clarify our chaotic present, revealing the history of U.S. foreign policy in an unexpected new light. More
This clear and authoritative book presents a sweeping account of China's global resource quest and the unrivaled expansion of its economy. More
The story of the tragic and often tormented relationship between the United States and Pakistan, and a call to prepare for the worst, aim for the best, and avoid past mistakes. More