As the Pentagon attempts to refocus the U.S. military strategy toward Asia, the department is facing major budget constraints. Experts disagree on how to balance the fiscal challenge with the country's national security priorities.

Ongoing arguments over U.S. immigration policy play out against concerns about curbing illegal immigration, changing demographics, and maintaining the country's global competitive edge, explains this Backgrounder.

As the U.S. approaches the deadline to raise its debt limit, economists warn of a fiscal crisis and steeply higher borrowing costs for U.S. businesses and homeowners.

While congressional action lags, a series of year-end fiscal measures could derail the U.S. recovery. This Backgrounder examines the potential global impact.

Spending on research and development is cited as important to a globally competitive economy. But a crucial U.S. advantage appears to be eroding, explains this Backgrounder.

International efforts to ease Syria's crisis have been limited by divisions in the UN Security Council and wariness about a military response, explains this Backgrounder.

With the Occupy Wall Street movement now a year old, income inequality remains hotly debated globally. This Backgrounder examines the issues.

Decades of economic and diplomatic sanctions have failed to substantively alter the actions of the Iranian regime, especially regarding its nuclear program. But experts say they remain an important tool to isolate and pressure Iran.

Most lawmakers agree corporate tax reform is an important step in improving U.S. global economic competitiveness, but a debate over rate levels and whether to tax foreign profits of multinationals remains unresolved.

The Obama administration's 2013 budget plan has revived debate over the sustainability of U.S. spending. This Backgrounder outlines the competing policy paths on fiscal reforms and the global consequences for failing to bring down U.S. debt.

The eurozone, once seen as a crowning achievement in the decades-long path of European integration, is buffeted by a sovereign debt crisis of nations whose membership in the currency union has been poorly policed.

Lawmakers are considering sharp cuts to defense spending as part of mandated deficit-reduction efforts. This Backgrounder discusses the effects of such major cuts and implications for U.S. military strategy.

An undervalued Chinese yuan remains a contributing factor to the U.S.-China trade imbalance, but experts warn that labeling China a "currency manipulator" will not rein in mounting U.S. deficits.

Pakistan has emerged as a terrorist sanctuary for some of the world's most violent groups, including al-Qaeda, the Taliban, and homegrown militants, that threaten the stability of Pakistan as well as the region.