Guarantees are perilous. Governments are not very good at doing them, not very good at designing them, not very good at pricing them, not very good at limiting the moral hazard risk that comes with them.
Senator Shelby quotes Secretary Geithner on the risks of government guarantees.
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Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.
In a fiscal environment with 8.5 percent inflation, the Department's budget request equates to a cut to our national defense at a time of unprecedented security risks.
Russia's unprovoked war in Ukraine has made some of the Army's capabilities into household names, like the Javelin, the Stinger, and so forth.
Each crossing lines the pockets of some ruthless cartel that are poisoning our country and my state of West Virginia with drugs like fentanyl.
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