Government leaders to discuss issues arising at the intersection of defense ministries and the industries that serve them. Todays Event Features the honorable andrew hunter, assistant secretary. He is here to deliver prepared remarks and have a conversation about how the air force is working to field next generation technologies. I would like to think andrew and our audience for joining us. Putting this in context, i would like to underscore who we are. The Atlantic Council works to develop sustainable, nonpartisan strategies to address the most important security challenges facing the United States and its allies and partners. It honors the legacy of service and embodies the e those of nonpartisan commitment to the cause of security in cooperation with allies and partners and dedication to the mentorship of the next generation of leaders. In the center, the program i lead generates ideas and connects stakeholders in the defense ecosystem to promote an enduring military advantage for t
Government leaders to discuss issues arising at the intersection of defense ministries and the industries that serve them. Todays Event Features the honorable andrew hunter, assistant secretary. He is here to deliver prepared remarks and have a conversation about how the air force is working to field next generation technologies. I would like to think andrew and our audience for joining us. Putting this in context, i would like to underscore who we are. The Atlantic Council works to develop sustainable, nonpartisan strategies to address the most important security challenges facing the United States and its allies and partners. It honors the legacy of service and embodies the e those of nonpartisan commitment to the cause of security in cooperation with allies and partners and dedication to the mentorship of the next generation of leaders. In the center, the program i lead generates ideas and connects stakeholders in the defense ecosystem to promote an enduring military advantage for t
[inaudible conversations] welcome. Committee will come to order. Committee on the Budget Hearing today on the congressional budget offices budget and Economic Outlook will commence. Well hear testimony from director swagel through the congressional budget office. Welcome. Without like to yield myself such time as a may consume. We are talking about fisa mac this week, which is an issue of National Security. And want to quote admiral mullen, at a hearing defense hearing where when asked what the biggest threat to nationals could do was come his response was the biggest threat to National Security is our National Debt. Jerome powell the fed chairman who probably is loath to opine on fiscal policy in the 60 minutes interview said the National Debt, our fiscal path, is completely unsustainable, and its an urgent matter that we must address. I think thats significant. Thats some backdrop to the budget baseline update on february. Was recently in may of 23 and then this recent update here in
And stocks went nuts, all three major indices closing at record highs in spite of north korea firing another missile that caused an 80point drop in the dow for 13 seconds there is also concern about a government shutdown, whatever. Since the election, the stock market has added 4. 6 trillion in market cap. Is today proof that taxes are not priced into the market, do you drown out the noise and just keep buying . I think taxes have been priced in, tax reform has. Thats the slow rampup youve seen i would suggest the russells outperforming the market are in anticipation of this we addressed this last night, i still think theyre going to ram something through. Obviously a lot closer to that happening than we were 24 hours ago. I think thats what the market is reacting to is there bad news out there . 100 but you mentioned, north korea fires a missile, we dont bat an eye, President Trump makes a comment that we will handle it, somewhat cryptic and somewhat ominous, the market doesnt care, f
Washington journal continues. Host Jake Sullivan joins us now. He previously served in the Obama Administration and he recently released the world after trump. First, explain what we mean when we are talking about the international order. What does that include . Guest it is not world government, a group of people calling the shots for the United States or anyone else. It is a group of sovereign states, the world and fall, led by the United States, who built the world after the end of the aroundworld war alliances, the United Nations system, a system to deal with international and comics and finance, and the basic purpose of this set of institutions and partnerships is to manage disputes so we do not get into wars, to mobilize cooperation to do with challenges like Climate Change and nuclear floor affiliation, and set standards around aviation or Maritime Security so that we are all working off of the same page in a world where there is so much interconnection in the country. It is cha