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On May 28, 2021, the Department of Defense (DOD) released President Joe Biden’s fiscal year (FY) 2022 $715 billion budget request, a 1.6 percent increase over FY 2021 funding levels.REF However, as this
Issue Brief will describe, this amount is insufficient to meet the current demands on our military, nor is it sufficient to prepare for the challenges that lie ahead.
Budget Analysis
The budget request does have its bright spots. It merges the overseas contingency operations account into the base budget, a necessary step toward transparency and accountability.REF The request for nuclear modernization is robust,REF but the main elements of the budget represent a step backward for our national defense. It would drive reduced capacity, both in terms of people and platforms. Meanwhile, the new Pentagon leadership is increasing the missions and demands on those very people and platforms.REF The proposed budget reduces capacity in the present to bet on uncertain fut
Purisima cites PH growth under PNoy mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
This year’s Group of Seven (G-7) summit of world leaders will be on June 11–13, at St. Ives, Cornwall, in the United Kingdom. The summit brings together the leaders of the United States, Great Britain, Canada, Japan, Germany, France, and Italy. The G-7 need to act with unity to improve economic growth by recommitting to principles of economic freedom. Growth will both improve the lives of their citizens and assert the value of the freedoms that are fundamental to market democracies
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The world is still reeling from the novel coronavirus that emerged from Wuhan, China, more than one year ago. The most effective mRNA COVID-19 vaccines have been created and manufactured (in record time) by U.S. companies (Pfizer, Moderna, and Johnson & Johnson), and a clear majority of grateful Americans have now been inoculated with them. Meanwhile, much of the developing world is still in desperate need of vaccines, and Americans naturally want to help. The question is how.
In early May, the Biden Administration said it would support the deliberate waiver of international intellectual property rights (IPR) protections for American-made COVID-19 vaccines.REF The World Trade Organization’s (WTO’s) Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement is the global mechanism to protect member countries’ IPR. The Administration wants to waive TRIPS protectionREF for U.S. pharmaceutical manufacturers of COVID-19 vaccines and allow countries t
Biden Wants to Underfund the Defense Department dailysignal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailysignal.com Daily Mail and Mail on Sunday newspapers.