| Apr 23, 2013
| 11:27 AM
The talk in Washington and among opinion leaders around the country's budget issues today centers on "balance" and "responsibility." Many conservatives declare that these terms mean that there should be no new revenue, only spending cuts to programs...
| Oct 12, 2012
| 7:35 AM
The European Union won the Nobel Peace Prize on Friday as it grapples with the worst crisis since its founding -- devastating debt and the threat of disintegration.
The prestigious award was a salute to the struggling 27-nation union for its work in...
| Oct 16, 2012
| 11:36 AM
NEW YORK -- Social Security benefits will rise by 1.7% next year, which won't be quite enough to cover the increase in prices over the last year.
The increase announced by the government Tuesday is less than half of the 3.6% rise in benefits that...
| Apr 25, 2013
| 6:11 PM
Baltimore Gas and Electric Co. said Thursday that energy prices will rise $6 a month for the typical residential electricity customer who doesn't use an outside power supplier, the first jump in energy prices in four years.
That rise in costs, running...
| Apr 10, 2013
| 11:41 AM
It's facile to say that if the extreme right and left of American politics dislike something, it must be a good idea, but in the case of President Barack Obama's budget proposal, it may be true.
The president is taking one more stab at a "grand bargain"...
| Apr 11, 2013
President Barack Obama didn't release his proposed budget for 2014 until Wednesday, but liberals and the AARP have been howling all week about something they expected to be in it.
What has our president done to provoke such outrage among his supporters?...
| Apr 15, 2013
— Well, at least we're starting to get the procedure right. Washington has rediscovered the beauty of the boring. It's called "regular order," using the normal, routine, constitutional process to arrive at, for example, a budget.
| Sep 3, 2012
| 10:15 AM
Editor's note: David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of seven books, including a new novel, "Patriots."
Prediction: 2013 will be a year of serious global crisis. That crisis is...
| Dec 8, 2011
| 11:27 AM
European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...
| May 14, 2012
| 3:00 AM
Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
Euro advocates argue a single currency is essential for creating a...
| Feb 28, 2012
| 8:12 AM
Rising gasoline prices may finally kill the milkman, as an article in The Times notes. As gas prices continue to climb – 26 cents in the last week in California, 57 cents in the last year – they may also fundamentally change the way we live....