FROM Robert Hormats
Is the Costly Iraq War Endangering US Safety at Home? One of America's major financiers says that spending on the war in Iraq could make America more vulnerable, rather than safer. Robert Hormats is Vice Chairman of Goldman Sachs International. His new book, The Price of Liberty : Paying for America's Wars, argues that President Bush is ignoring George Washington, who warned against passing the cost of war onto future generations. He also sites Dwight Eisenhower, who said, "The problem with defense spending is to figure how far you should go without destroying from within what you are trying to defend from without."
Is the Cost of War Preventing Us from Being Safe at Home? George Washington warned that the debts run up by "unavoidable wars" should not be charged to future generations. A recent history of how America finances war says that George Bush has failed to heed the advice of his predecessor. Another former general-turned-president is quoted in The Price of Liberty . Dwight Eisenhower said, "The current problem with defense spending is to figure how far you should go without destroying from within what you are trying to defend from without." The book's author is Robert Hormats, vice president of the financial giant Goldman Sachs.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?