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** Thursday Reads
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** July 3, 2025
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The Big, Beautiful Bill Has Many Big, Ugly Problems
by Milton Ezrati

Trump’s “big, beautiful bill” avoids steep tax hikes, but worsens deficits, all while ignoring the real budget threat: unchecked growth in Social Security and Medicare that drives long-term fiscal strain. Read it here ([link removed]) .
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NATO Quadruples Its Missile Defenses to Counter Russia
by Tomáš Nagy

Beneath the 5 percent defense spending pledge lies NATO’s most significant strategic pivot since the end of the Cold War: an ambitious overhaul of its air and missile defense architecture. Read it here ([link removed]) .
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Americans Will Regret Washington’s Oil Market Hubris
by General Carlton D. Everhart

Washington's oil market hubris risks repeating the mistakes of the past — and threatens national security as well. Read it here ([link removed]) .
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Lee Jae-myung Could Help Restart Trump-Kim Jong-un’s Relationship
by Daeyeon Lee

South Korea’s new president, Lee Jae-myung, has prioritized de-escalation with North Korea, creating a diplomatic window for renewed Trump-Kim talks amid global instability and stalled US efforts elsewhere. Read it here ([link removed]) .
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Why the Trump Administration Should Recognize Somaliland
by Alec Birnbach & Benjamin Fogel

Recognizing Somaliland is more than a moral imperative for the United States. It is also a strategic opportunity. Read it here ([link removed]) .

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