Special Edition: National Security Costs and Benefits
Clifford D. May, Bradley Bowman and Rep. Jim Banks — FDD's Foreign Podicy
The threats facing the United States and its allies are not static. They grow. They transform. America’s defense strategies and defense budgets need to respond with creativity and muscularity. In November, the U.S. Congress employed a legislative tool known as a Continuing Resolution (CR) to provide temporary funding for the U.S. Military. Now, in December, there is another funding deadline looming. But this kind of uncertainty puts America’s national security and our military personnel at heightened and unnecessary risk. Listen Here
Clifford D. May, Bradley Bowman and Rep. Jim Banks — FDD's Foreign Podicy
The threats facing the United States and its allies are not static. They grow. They transform. America’s defense strategies and defense budgets need to respond with creativity and muscularity. In November, the U.S. Congress employed a legislative tool known as a Continuing Resolution (CR) to provide temporary funding for the U.S. Military. Now, in December, there is another funding deadline looming. But this kind of uncertainty puts America’s national security and our military personnel at heightened and unnecessary risk. Listen Here
Budgeting Through Rose-Colored Glasses
Brian Chen, City Journal
Even before Covid-19 blew a hole in their budgets, many states and cities were only one modest downturn away from fiscal calamity. With unfunded pension liabilities looming, a decline in revenue was bound to push states and municipalities over the edge at some point. The only question was when; the pandemic gave us the answer.Yet, while seemingly invincible places like New York City are now on life support, once-moribund areas are getting a second wind.
Read more here....
Brian Chen, City Journal
Even before Covid-19 blew a hole in their budgets, many states and cities were only one modest downturn away from fiscal calamity. With unfunded pension liabilities looming, a decline in revenue was bound to push states and municipalities over the edge at some point. The only question was when; the pandemic gave us the answer.Yet, while seemingly invincible places like New York City are now on life support, once-moribund areas are getting a second wind.
Read more here....
China Has a Few Things to Teach the U.S. Economy
– Noah Smith, Bloomberg
– Noah Smith, Bloomberg
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