Here is the Heritage Take on the top issues today. Please reply to this email to arrange an interview.
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‘Irregularities’ Found in DOJ Investigation of Biden Associate Patrick Ho
- The Department of Justice (DOJ) investigation and prosecution of CEFC China Energy Co. boss and Biden family associate Patrick Ho displayed “irregularities,” including concealing known connections between the Chinese Communist Party-linked entity and the Bidens, and communication between Hunter Biden and the FBI agents involved in Ho’s case, according to a memo by the Heritage Foundation Oversight Project.
- The memo cites the fact that Ho was under FISA surveillance during a period where he was in “regular communication” with CEFC and the Biden family, which would indicate the FBI and DOJ had knowledge of their business arrangements in at least 2017, and probably in 2016.
- To maintain its credibility, the DOJ must be apolitical and transparent in its investigation and prosecutions.
- In the case of the investigation and trial of Patrick Ho, the evidence laid out in the memo demonstrates both political motivation and a suspicious fact pattern that leaves the American people with more questions than answers.
- Responsive and energetic oversight, starting with the questions outlined above, will require courage and work from Congress but will ultimately benefit the DOJ, America’s national security, and the American people.
Schedule an Interview: Mike Howell
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Inflation Is Back with Vengeance
- Yesterday, the Bureau of Labor Statistics today released the consumer price index (CPI) data for the month of August, showing 3.7% inflation over the last year.
- As previously forecasted, inflation is accelerating in the wake of the Treasury’s $1 trillion borrowing spree that began after the debt ceiling suspension in June.
- The average American worker now pays more on his or her hourly wages through the hidden tax of inflation than in federal income taxes.
- As members of Congress reconvene this week to debate government spending for the upcoming fiscal year, they would do well to remember that their previous profligate spending fueled the inflationary crisis we face today. Until the spending is curtailed, the inflation is here to stay.
Schedule an Interview: EJ Antoni
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The U.S. Must Prioritize Deterring China
- Policymakers often assume the United States can deter China from invading Taiwan or win if deterrence fails. But that is no longer a safe assumption.
- The Chinese Communist Party seeks hegemony in the Indo-Pacific. If it succeeds, it will have control over the world’s largest market zone, with dire implications for Americans’ security, freedom, and prosperity.
- Washington has consistently failed to prioritize investing in our ability to deter China.
- Now we have no other choice: If we wish to avoid war with China, or prevail if it comes, then we must urgently focus on strengthening deterrence in the Indo-Pacific by surging investments in the region, even if it means doing less elsewhere.
- Addressing the threat from China will, therefore, necessitate reallocating resources from other parts of the defense budget. This is the essence of prioritization, and it will require the United States to do less and rely on allies and partners more in other theaters.
Schedule an Interview: Alex Velez-Green
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