All articles tagged with #war spending
Russia's economy is slowing down due to a combination of factors including a fuel shortage caused by Ukrainian drone attacks on refineries, high defense spending, and inflation, which could lead to stagnation or recession, impacting the population and government finances.
Defense Secretary Lloyd Austin denounced calls for American isolationism and emphasized the need for sustained U.S. leadership to maintain global safety, freedom, and prosperity. He urged Congress to end partisan gridlock that has hindered the federal budget and war spending. Austin defended U.S. support for Israel in its conflict with Hamas and Ukraine in its battle against Russia's invasion. He warned that the world would become more dangerous if aggressors believed they could act without consequences. Austin's remarks appeared to be directed at conservative lawmakers who oppose overseas military spending and support former President Donald Trump's "America First" ideology. He also highlighted the importance of passing the budget and supplemental funding for the wars. Additionally, Austin criticized Congress for failing to confirm over 400 military officers, which has raised concerns about readiness and national security.