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Congressional Reform

WHY CONTINUING RESOLUTIONS FOR THE LONG WAR AREN'T WORKING

12/21/2019

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With low interest rates, should we really ignore budget deficits?  
Desmond Lachman | AEIdeas
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
  • ‘Claw them back’: China threatens Huawei’s foreign customers amid warnings from US
  • WaPo’s Josh Rogin: The Chinese threat to U.S. research institutions is real
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.... 
How the Pandemic Is Shaping the Economy
Allison Schrager & Daniel Kennelly, City Journal
China Has a Few Things to Teach the U.S. Economy 
– Noah Smith, Bloomberg
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