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Confronting the National Debt

America’s fiscal future is in peril. At $67,000 for every American, the $22 trillion national debt is larger than what the typical American household earns in a year. At the same time that federal debt is growing rapidly, politicians on both sides of the political aisle are making grand promises for new spending. It’s as if Washington’s elite think that the debt does not matter. A high and rising national debt exposes America to significant dangers and imposes steep costs on families, workers, and businesses. The sooner we act to correct course, the more sensible reform options we have available to avoid severe austerity measures. Join the Heritage Foundation for an enlightening panel discussion on why you should care about the national debt by discovering how debt impacts America’s economy and our financial future. The Blueprint for Balance: A Federal Budget for Fiscal Year 2020 is The Heritage Foundation’s budget proposal to guide Congress in its constitutional exercise of the power of the purse. It presents Heritage’s extensive research that, when implemented, can lead to a freer, more prosperous America with opportunity for all. With this Blueprint we demonstrate to the American people and our elected officials an approach to the federal budget that reins in out-of-control spending and debt, ensures that the government is funding its constitutionally mandated duties, and provides an environment where our prosperity as individuals and as a country grows.

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7/31/2020

Re-Designing the Marine Corps for Future War: Necessity or Madness?

General David H. Berger, Marine Corps Commandant, is aggressively pushing a dramatic redesign of the Corps for future war incorporating new missiles, advanced sensors, unmanned platforms, and hypervelocity weapons. HisForce Design 2030effort has drawn enthusiastic support from those who agree that the Corps must change to remain relevant on a more lethal battlefield. But it has generated an equally fervent amount of criticism from others who think the effort is overly focused on China—rendering the Corps irrelevant across a range of other potentially more likely scenarios. To achieve its vision, the Corps is doing away with tanks, reducing conventional artillery, shrinking units, and placing new demands on the Navy, already struggling to modernize its fleet. But it is adding anti-ship missiles, doubling-down on unmanned systems, and reenergizing a profound discussion about the importance of naval power.Will a redesigned Corps make it irrelevant for land operations against conventional militaries of larger state powers or irregular forces like terrorist groups? Or are General Berger’s designs essential to America’s future ability to conduct nearly any military operation in any theater against a host of potential enemies?Join us for an in-depth conversation about all of this with nationally recognized experts who hold informed opinions on both sides of this issue: Dr. Frank G. Hoffman, Lt. Col. USMCR (Ret.), Distinguished Research Fellow at the National Defense University, and Mark F. Cancian, Colonel, USMCR (Ret.), Senior Advisor, International Security Program, Center for Strategic and International Studies.