In his piece for The New Yorker, James Surowiecki argues that instead of figuring out ways to raise the debt ceiling, Congress should simply go ahead and abolish it.
The U.S. debt ceiling and deficit debate has led to challenges on foreign aid spending, but while aid could be leaner and more effective, CFR's Stewart Patrick argues Congress should look to consolidate programs rather than simply cut them.
While Congress is likely to raise the U.S. debt ceiling ahead of the August 2 deadline, lawmakers will still need to hash out a long-term deficit-reduction package to avoid market disruption and preserve U.S. global standing, says economist C. Fred Bergsten.
The current level of political dysfunction and ideological polarization in Congress is beyond the norm. A broken legislative branch risks plunging the United States into an economic catastrophe and damaging the nation's global standing, writes Norman Ornstein.
John Dickerson of Slate describes the redemption of a debt ceiling "grand bargain" between President Obama and congressional Republicans from the ash-heaps of legislative gridlock.
Marc Goldwein of the New America Foundation endorses the bipartisan "Gang of Six" debt deal, while warning that a failure to execute its recommendations properly could deepen economic woes.
Manu Raju of Politico documents Tom Coburn's sudden return to the Senate's Gang of Six in the midst of trying talks on deficit reduction and the debt ceiling.
A new proposal by the bipartisan "Gang of Six" to reduce deficits by nearly $4 trillion could gain traction among House Republicans, with polls showing greater public support for raising the debt ceiling as the August 2 deadline approaches, says CFR's Sebastian Mallaby.
This analysis outlines eight reasons why the "Theory of Inevitable Compromise"--that Republicans and Democrats will ultimately hammer out a deal to raise the nation's debt ceiling ahead of August 2--may not hold true in this instance.
The Economist argues that the Republicans are playing a cynical political game with hugely high economic stakes as they cling to the position that not a single cent of deficit reduction must come from a higher tax take.
In this piece for Foreign Policy, Flynt Leverett, Senior Research Fellow at the New America Foundation and Hillary Mann Leverett, a professor at American University, write that American policy in the Middle East is no better under the Obama administration than it was under the Bush administration.
John B. Bellinger III says President Obama should seize the opportunity presented by Republican support for increased domestic oil and gas production to urge the Senate to approve the Law of the Sea Convention.
NASA's human spaceflight ventures may be fading away due to continued underfunding, despite perennial efforts by some members of Congress and the science community, reports Keith Perine.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.