Table. I have here the Government Accountability Office Document that nations fiscal health. May 2023. Issued a couple weeks ago, this was issued to every leader in congress by the Executive Branch. The gao is one of the best of the entities our government has, what do they say. Why do we care. It says balance of current revenue, resolve in debt growing faster than the economy, thi this is unsustainable. The government never writes reports like this or speaks like this. It continues cbo, has stated high and rising federal debt is a fiscal crisis. Underlying conditions driving unsustainable fiscal outlook post, social challenges have not addressed. They are trying to say, the economy could collapse. Could collapse. They go on they are saying were not at war, The Ethe Econo Economics Balancedded 3 Out Of Last 4 years. For example, debt held by public, grew during economic expansion of june 2009 to february 2020, it did not grow during the economic expansion from March Of 1991 to march of
industrialised g 7 countries. it was this tax cut simply like an emerging country where you launch policies but you don t say how you will finance it. borrow a etc about you don t say. it was astonishing even if some of the measures make sense, like the bonuses, why not to attract bankers back to london to compete with new york? you could say the freezing of the corporate tax will be good for small and medium companies. but really diminishing, not only is it very unsociable, unthinkable on the continent, and france you would have a revolution. it s terrible at a time of high deficit. and it will be even a bigger deficit. the mystery of it all is cores that the rate of barring of the uk is still a lot, almost like the us. but of france for that but it will come where the markets have shown on two already unhappiness. this plan is influenced by the chancellor being hedge fund man. he worked in the hedge fund, thanks to him have done a killing with betting against the pounds. in
Talk about the partnership between australia and the u. S. About partnerships sharing. It is expected to start shortly. This hearing of the Senate Foreign Relations Committee will come to order. In march, President Biden stood alongside leaders of the United Kingdom and australia to announce an opportunity to enhance u. S. Security interests by transforming our alliances and deterring aggression from the peoples republic of china. Xi jinpings hyper nationalist government has been laying claim to territory in International Waters and have built islands with runways for military aircraft and ballistic missiles. At the same time they are trying to influence australian politics, buying Critical Infrastructure like port facilities and making political donations. Even hacking the Australian Parliament and Major Political parties. This is a critical moment in which the United States needs to show that we are serious to our commitment to a free indo pacific. Congress has a vital wrote role to
Talk about the partnership between australia and the u. S. About partnerships sharing. It is expected to start shortly. This hearing of the Senate Foreign Relations Committee will come to order. In march, President Biden stood alongside leaders of the United Kingdom and australia to announce an opportunity to enhance u. S. Security interests by transforming our alliances and deterring aggression from the peoples republic of china. Xi jinpings hyper nationalist government has been laying claim to territory in International Waters and have built islands with runways for military aircraft and ballistic missiles. At the same time they are trying to influence australian politics, buying Critical Infrastructure like port facilities and making political donations. Even hacking the Australian Parliament and Major Political parties. This is a critical moment in which the United States needs to show that we are serious to our commitment to a free indo pacific. Congress has a vital wrote role to
Talk about the partnership between australia and the u. S. About partnerships sharing. It is expected to start shortly. This hearing of the Senate Foreign Relations Committee will come to order. In march, President Biden stood alongside leaders of the United Kingdom and australia to announce an opportunity to enhance u. S. Security interests by transforming our alliances and deterring aggression from the peoples republic of china. Xi jinpings hyper nationalist government has been laying claim to territory in International Waters and have built islands with runways for military aircraft and ballistic missiles. At the same time they are trying to influence australian politics, buying Critical Infrastructure like port facilities and making political donations. Even hacking the Australian Parliament and Major Political parties. This is a critical moment in which the United States needs to show that we are serious to our commitment to a free indo pacific. Congress has a vital wrote role to