Yesterday Meet the Press host David Gregory asked White House Chief of Staff Bill Daley if the President was considering releasing oil from the Strategic Petroleum Reserve (SPR):

MR. GREGORY: But what about the shorter…

Inspired by Michael McConnell’s post and a comment by Charles Krauthammer on Special Report with Bret Baier, I offer a different way of thinking about the current budget battle. Let’s consider it in terms of tradeoffs among different types of risks.

Yesterday the top four Republican Congressional leaders sent a letter to Fed Chairman Bernanke about monetary policy. I think that was a big mistake.

The letter weighed in on the Fed’s debate about monetary policy, and was sent by Speaker…

House Budget Committee Chairman Paul Ryan released his proposed budget plan yesterday. This will be the focal point of America’s fiscal policy debate for at least the next two years, so I’m going to write about it quite a bit. Today I’ll start by showing you the…

1. Quick summary of the Budget Control Act; and
2. Understanding the Budget Control Act.

Yesterday the President announced an expansion of a program to help some homeowners who are underwater on their mortgages. The President announced his new policy in Nevada, one of the four “sand states” where the housing bubble grew biggest…

Yesterday’s report by Standard & Poor’s on the U.S. government’s credit rating is driving headlines. You can learn a lot more from reading the primary source document than from news coverage of it.