Paul Ryan Proposes Major Reforms to Safety Net Programs

Reforms would give states more authority in assigning funds
House Budget Committee Chairman Rep. Paul Ryan, (R., Wis.) / AP

House Budget Committee Chairman Paul Ryan (R., Wis.) proposed major reform to federal safety net programs at the American Enterprise Institute on Thursday.

Republican House Budget Committee members also released on Thursday Expanding Opportunity in America, a draft of a hefty report detailing the proposal’s intricacies.

Ryan: Obama’s ‘Weak and Indecisive’ Foreign Policy has Destroyed U.S. Credibility

Ryan proposes “strategy for renewal” on foreign policy
Paul Ryan

Rep. Paul Ryan (R., Wis.) took direct aim at President Barack Obama’s “weak and indecisive” foreign policy approach during a wide-ranging national security speech Wednesday morning in which the budget-conscious lawmaker called for drone strikes against al Qaeda, a continued presence in Afghanistan, and a reversal in defense cuts that have depleted America’s fighting forces.

The Problem with Reform Conservatism

Column: It needs a presidential champion
Eric Cantor Flickr

An intellectually stimulating and potentially historic event was held at the American Enterprise Institute on Thursday. House majority leader Eric Cantor, Senate minority leader Mitch McConnell, and Senators Mike Lee and Tim Scott appeared alongside conservative thinkers and journalists such as Arthur Brooks, Ross Douthat, Reihan Salam, Ramesh Ponnuru, Peter Wehner, Yuval Levin, and Kate O’Beirne to discuss “solutions for the middle class.” The AEI panel was noteworthy not only for its content but also for the presence of Republican elected officials. It was the debut, however modest, of “reform conservatism” as a political force.

Steyer Hedge Fund Tied to Russian Oligarch Targeted by U.S. Sanctions

Farallon Capital sold stake in Russian oil company to member of Putin’s ‘inner circle’
Billionaire Democratic donor Tom Steyer and Russian oligarch Gennady Timchenko / AP

The hedge fund founded and, until recently, run by billionaire environmentalist Tom Steyer was involved in a deal to sell a stake in a Russian oil company to a Russian oligarch who is the target of U.S. sanctions.

THE BIGGER THEY ARE

Column: Hillary Falls to Earth
Hillary Clinton / AP

Hillary Clinton may end up deciding she wants to spend the 935 days until election 2016 making corporate speeches and spoiling her grandchild. Recent events have exposed weaknesses in Clinton’s supposedly impregnable armor, gaps through which a Democratic or Republican challenger could damage, perhaps even defeat her. The bad headlines to which she has been subjected are enough to make anyone—anyone who isn’t a Clinton—think twice about running for president.