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.

The U.S. patent system has generated growing debate over whether it helps foster innovation or stifles it through unnecessary protections, as this Backgrounder explains.

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.

With the Middle East unrest ongoing and the global economy recovering, gasoline prices are rising considerably. But policies to ease U.S. consumer impact take time and policymakers are divided over the course of action.

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.

Many states and cities face significant fiscal stress that could impede the U.S. economic recovery and undermine long-term growth, including cuts to education and infrastructure, explains this CFR Backgrounder.

The Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"), signed into law in July 2010, is one of the most significant regulatory reform measures since the Great Depression.

In the face of persistently high unemployment, policymakers and workers look to innovation and entrepreneurship to create new jobs. This Backgrounder discusses how entrepreneurs create and finance the startups that power U.S. job growth, and the ramifications of policies such as the JOBS Act.

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.

Rail infrastructure is a critical component of a transportation network capable of helping the United States compete in global markets. Efforts to expand and modernize U.S. rail, particularly to include high-speed trains, are under debate as lawmakers weigh costs and benefits.

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.

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.

Though shifts in demand and reduced production by some major producers have influenced oil prices, investor behavior is also increasing market volatility.

The scramble for energy alternatives has brought new focus on nuclear power in the United States, but its revival faces political and practical obstacles.

The Gulf of Mexico oil spill spotlights the growth of deepwater drilling and the challenges of balancing strong environmental regulation with efforts to expand U.S. domestic oil production.

With U.S. unemployment and high debt threatening Americans at home and U.S. power abroad, this Backgrounder looks at congressional candidates' difficulty in articulating policies that balance job creation and debt reduction.

A possible transfer of political power in the congressional midterm elections could doom short-term chances for a comprehensive climate bill. But experts say climate issues could still be addressed through bills focused on clean energy.

Gross domestic product has been the dominant measure of economic strength for decades, but some experts question whether the metric alone is a sufficient tool for measuring overall societal wellbeing.