Last week, Mike Johnson successfully orchestrated the passage of foreign aid for Israel, Taiwan, and Ukraine through the House of Representatives. Kori Schake suggests that the vote could be a foundational moment in the much-needed renewal of internationalism in the GOP.
On Thursday, the Supreme Court heard oral arguments in Trump v. United States on the question of presidential immunity against prosecution for official acts. Jack Landman Goldsmith surveys the issues at stake and predicts how the court will resolve the case. This week, President Joe Biden criticized the 2017 tax cuts for predominantly benefiting the wealthy and big corporations and stated his intention to let them expire next year. In the Wall Street Journal, Phil Gramm and Mike Solon demonstrate why not renewing the corporate tax cuts would hurt all Americans. In 2022, as a share of gross domestic product, the US spent 56 percent more on health care than the next highest-spending country, and medical care to patients makes up an increasingly unsustainable 20 percent of the US economy. James Capretta makes the case for a free-market system change that incentivizes continuous productivity and quality improvement in patient care as the only viable solution. The average American thinks they need over $1 million in savings to be financially secure in retirement, even though most retirees report they are living comfortably on far less. Andrew G. Biggs explains why politicians and conventional financial planning vastly overstate the income seniors need. |