From high mortgage rates to shortages that have spread coast to coast, New York Times reporter Emily Badger explains the roots -- and consequences of our country's broken housing system.
Military researchers announced a successful missile defense test of a proposed system that has long attracted criticism for being too expensive and inherently unreliable. Congress also just passed a bill to continue development of the controversial F-22 fighter plane. In the meantime, the Joint Chiefs of Staff are pushing for a reconfiguration of America’s fighting forces to address the new military/strategic challenges that lie ahead. A panel talks about military spending and how military priorities are set.
- Thomas Ricks Senior fellow, Center for a New American Security contributing editor, Foreign Policy magazine and author of "The Gamble: General David Petraeus and the American Military Adventure in Iraq, 2006-2008."
- Joseph Cirincione President, Ploughshares Fund
- Andrew Krepinevich Executive director of the Center for Strategic and Budgetary Assessments
- Loren Thompson Chief operating officer of the Lexington Institute
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