This past tuesday, Minority Whip Eric Cantor (R-VA) spoke at The Heritage Foundation’s annual spring President’s Club meeting, noting: Now should be the time for America to rededicate itself to the strategy of: 1) peace through strength, and 2) recommitting ourselves to standing up for democratic and peaceful allies. Why is now the time? Because total defense spending is projected to decrease from about 4.9 percent this current fiscal year to roughly 3.5 percent in 2015; and unless entitlement spending is reined in, it will consume all federal revenue in …
Now that that the massive healthcare bill has been signed into law, President Obama can no longer make excuses for neglecting foreign affairs. Just last week, he postponed an upcoming trip to Indonesia and Australia for one final push to pass Obamacare—a trip he had already pushed off a year ago for the same reason. Australians are among many foreign publics complaining that Obama is taking their support of the U.S. “for granted” and wonder if they are still on Obama’s foreign policy radar. For the recent Iranian new year, …
According to Secretary of State Hillary Clinton, her biggest nightmare is if al-Qaeda or regimes like Iran get their hands on a weapon of mass destruction and use it against us. She is not alone. Military experts like the former head of the U.S. Missile Defense Agency, Lt. Gen. Henry “Trey” Obering, say that it would take, at most, only about 33 minutes for a missile fired anywhere in the world to hit our country, and life in America would change forever. So what are we doing to prevent this …
Despite China’s 8.7 percent economic growth last year, double-digit annual increases in defense spending since the early 1990s, and holding $800 billion in U.S. treasuries, it is far from overtaking the U.S. role as global leader. Its closed economy, undervalued currency, and state-controlled exports keep getting in the way. In a recent column, Heritage Vice President Kim Holmes explains why. The Chinese invest heavily in our economy because it’s freer than their own. China only comes in at 140th out of 179 economies ranked in the latest Heritage Foundation/Wall Street …
