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Weve done a lot of reform over the past two years, that includes acquisition reform, a new military retirement system, major changes in military healthcare, com satisfactory reform, reright of the military code of justice, as well as significant organization zational reform. While a lot has been done, a lot more needs to be done. The world around us is simply moving too fast for us to sit still and assume that the organizations and processes of the past will suffice for today and especially for tomorrow. Yes, we all have an obligation to see that taxpayers dollars are spent effectively, especi...

System. This is two and a half hours. Committee will come to order. This week the committee will hold two hearings that focus on the two major pillars of our agenda. Tomorrow we will hear from the Service Chiefs of repairing and rebuild the military. Today well concentrate on the other pillar which is defense reform. We have done a lot of reform over the past two years. That includes acquisition reform, a new mail tear retirement system, mayor changes in military health care, commissary reform, a rewrite of the uniform code of military justice as well as significant organizational reform. Whil...

Airlines, what have you. Theres two things that happen. Once a commission interests itself in a particular area, puts a sign out that says open for business, which is basically what we did when we did the open Internet Order, right . What happens . Firms realize, oh, i dont get to make money looking at customers and making investments, i make money by going to the regulators and getting them to favor me and disfavor others. The phrase economists use for this is rent seeking. And thats what it does, it opens up rent seeking. For 30 years we never had any complaints about interconnection. Since ...

Continues in both directions. China has a gigantic plan for a Global Network of ports, roads, railways, and other infrastructures to connect china to the world. This belt and Road Initiative dumped the new silk road, has a clear strategy. The thought to not have ideas has everyone knew. This is about brutal, self interest, both economic and geopolitical, and how to accept that cloud im. It was my own game. Recently the cult 19 pandemic highlighted the risks inherent in such global trade structures thus, so to, and i think this should be a lesson to us in terms of dependence on china, english, ...

Directions. China has a gigantic plan for a Global Network of ports, roads, railways, and other infrastructures to connect china to the world. This belt and Road Initiative dumped the new silk road, has a clear strategy. Buff thought to not hot eyeing attention, everyone knew this is about brutal self and trust, both economic and geopolitical, and had to accept that cloud im. It was more ongoing. Recently the coven 19 pandemic highlighted the risks inherent in such global trade structures. Docile to, and i think this should be a lesson to us in terms of dependence on china, english, distinguis...