A hasty Greek exit from the euro could trigger a run on Greek banks and a further deterioration of the Greek economy. The fallout could also rattle confidence in the entire eurozone system.
Everyone is for preserving an open Internet. However, reclassifying the competitive broadband industry as a regulated utility is not the way to do it.
Here’s what the GOP should do to get ready for a Supreme Court ruling against the White House in King v. Burwell
While a quick rebound in oil prices in the aftermath of the 2008-2009 crisis temporarily alleviated this danger, Russia’s current economic outlook is far gloomier today and potentially coming to haunt its creator.
Cutting the IRS’s funding will result in a serious drop in revenue due to fewer audits and less oversight—which will worsen our federal budget deficits.
Limited capability, Iraq’s uninterest in foreign troops, regional tensions, and fear of domestic blowback limit the anti-ISIS coalition. Short of an about-face by Iraq’s leadership, or a sudden thawing of tension in the Gulf, the dysfunction will likely continue.
As multinational military operations against ISIS continue into 2015, look for China to take small steps in contributing to the fight.
American progressives are mistaken to think the Scandinavian model is an argument for high taxes and subsidies.
While it’s certainly an overreaction to argue that Bush’s support for Common Core is a poison pill before the first ballot is cast, the tea leaves suggest an uphill climb in the key states that will make or break Republican nominees.
Are direct government spending programs or tax credits the better way to encourage work?