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But Labour leader Ed Miliband accused him of "losing control" and alienating the UK's supporters in Europe.
BBC: David Cameron
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The conference - entitled Tackling Drugs in Scotland - will also be addressed by Ed Jurith, of the Office National Drugs Control Policy in Washington DC.
BBC: Aiming to break drug habit
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Gordon Brown's New Deal, his Working Families Tax Credit and perhaps even his decision to give the Bank of England independent control of monetary policy owe a good deal to ideas the chancellor and his economic adviser, Ed Balls, picked up and kicked about in Washington and Harvard.
ECONOMIST: Bagehot