The increase in the interest bill of the US government is an underreported story.   The CBO reports that FY 2006 interest payments will be about $40b more than FY 2005 payments.  And that trend is se…

This is a guest post from Daniel Ahn, a new adjunct fellow for energy at CFR. As you’ll see from the post, he and I don’t entirely agree on the President’s energy speech. It’s great to have a diversi…

Daniel Gross has noted one other way the US and continental Europe are more alike than different - corporate success hasn't translated into broad-based wage gains.    Corporate profits are rising rel…