Balance a Budget with a Line Item Veto

The states have codified more a efficient and politically expedient means for balancing a budget. The United States Congress might want to take a hint from them.Governor Chris Christie (and to a lesser extent Governor Jerry Brown) exercise wide discretion with the...

Balanced Budget Amendment

Will a law requiring a balanced budget a balanced budget make?Tea Party advocates are pressing for the United States to pass a "Balanced Budget Amendment", a move which would coerce the United States Congress to live within its means.Yet is such a mechanism...

The New Axis of Evil

Syria, Iran, China: behold the new Axis of Evil.Syria is shaking.Iran is trembling.China is worried, for good reason. They hold much of the world's debt, and nations seem poised to default. The roaring engine of economic recovery in China will come to a crashing...

Christie's Success

Governor Chris Christie knows how to talk.He knows how to make a point.He knows how to negotiate across the aisle.He has compromised efficiently with a Democratic Legislature in order to pass a sound budget early.He has kept taxes low. He has offered a cap on property...