{"id":1120113,"date":"2023-12-19T01:34:30","date_gmt":"2023-12-19T06:34:30","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/uncategorized\/biden-overdrew-americas-account-with-blank-checks-to-ukraine-the-federalist\/"},"modified":"2023-12-19T01:34:30","modified_gmt":"2023-12-19T06:34:30","slug":"biden-overdrew-americas-account-with-blank-checks-to-ukraine-the-federalist","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/federalist\/biden-overdrew-americas-account-with-blank-checks-to-ukraine-the-federalist\/","title":{"rendered":"Biden Overdrew America&#8217;s Account With Blank Checks To Ukraine &#8211; The Federalist"},"content":{"rendered":"<p><p>    On 60 Minutes in    October, President Biden was asked if the United States was    going to struggle to support two wars in Ukraine and the Middle    East. Biden responded by saying: No. Were the United States    of America for Gods sake, the most powerful nation in the    history  not in the world, in the history of the world. The    history of the world.We can take care of both of these    and still maintain our overall international defense.  <\/p>\n<p>    Just a few days later, reality intervened when a shipment of    American artillery shells destined for Ukraine was rerouted to    Israel. This followed a decision by the Biden administration in    early 2023 to ship 300,000 artillery shells from a U.S.    stockpile in Israel that traditionally had been used to    resupply the Jewish state in times of crisis. More recently, a    Ukrainian official told ABC News that since the beginning of    the Israel-Hamas War, deliveries of NATO-standard artillery    ammunition and other munitions have plummeted by more    than 30 percent. On top of all this, a multibillion-dollar    backlog of arms orders to Taiwan persists as China    continues to take actions that indicate it is preparing to    forcibly seize control of the island nation.  <\/p>\n<p>    Even the most powerful nation in the history of the world    cannot run the world without facing tradeoffs. But with the    Biden administration dug in and unresponsive to criticism in a    manner that evokes the Bush administration and Iraq in 2004,    change will need to be forced on it.  <\/p>\n<p>    The Biden administrations latest demand from Congress is for    another $61 billion for Ukraine, which would bring the total    amount since 2022 to nearly $200 billion. With the war at a    stalemate, the U.S. fiscal outlook    increasingly bleak, and leaders in both     Washington and     Kyiv seemingly impervious to these facts, a different    course is clearly necessary. Congress should use the most    powerful tool at its disposal  the purse  to force the    administration onto a different path in Ukraine.  <\/p>\n<p>    Congress should reject the latest funding request for two main    reasons: First, the Biden administration does not have a plan    for producing a Ukrainian victory  nor can they even    articulate what a Ukrainian victory looks like. Second, the    current U.S. fiscal position does not lend itself to continued    blank checks for Ukraine or other foreign policy    misadventures.  <\/p>\n<p>    There is little hope of a meaningful Ukrainian breakthrough    against the Russians in the near term. As The Wall Street    Journal reported, Ukraine    may not even be able to launch another counteroffensive at all    until 2025. At the same time, the Zelensky government has    maintained its maximal war aims, its rejection of diplomacy,    and its way of fighting the war that consumes munitions faster    than Western nations can produce them.  <\/p>\n<p>    Add in rapid rates of    expenditure of American-made ammunition in Israels war in    Gaza, and the latter problem becomes even more pronounced. Even    before the Middle East erupted, the commander of U.S. Air    Forces in Europe was warning that NATO weapons stockpiles were    dangerously    low. The reason Washington decided to give cluster    munitions to Ukraine was because of what National Security    Advisor Jake Sullivan referred to as Ukraines dramatically high    expenditure rates of artillery in the conflict. The    administrations elusive theory of victory contrasts with the    very real escalation risks that remain in Ukraine  whether due    to an unintentional confrontation between Russian and NATO    troops on Ukraines borders or reckless behavior by the    Ukrainian government. Another $61 billion would be, at best,    throwing good money after bad.  <\/p>\n<p>    The second reason Congress should decline the request is that    the U.S. fiscal position appears truly dire. Though    overpredicted historically, the country may finally be    approaching the precipice of fiscal ruin. Shortly after    President Bidens 60 Minutes interview, Treasury Secretary    Janet Yellen declared that the United States can certainly afford    to support two wars in Ukraine and Israel. But since Yellens    interview, the U.S. Treasury has had several weak bond sales,    forcing the United States to pay higher interest on its debt    and demonstrating a diminishing confidence in the U.S. fiscal    outlook among investors. Interest on the debt is now roughly $1    trillion per year, the national debt itself is at almost $34    trillion, and the budget deficit each year is some $1.5    trillion and expected to jump to almost $3 trillion by 2033.  <\/p>\n<p>    In light of the above, Congress would be foolish to rack up    another $61 billion in debt to support a failing war in    Ukraine. The Biden administration continues to publicly advance    the delusion that Ukraine can achieve a total and decisive    victory against Russia. Congress is under no obligation to join    them in that delusion. The Constitution gives Congress the    power to take the administrations checkbook away. If Congress    declines to use that power and once again co-signs the Biden    administrations Ukraine policy, they will likely share its    place in history as coauthors of diplomatic and fiscal    ruin.  <\/p>\n<p>    Dan Caldwell is a Marine Corps veteran of the Iraq War and    former congressional staffer. Justin Logan is the director of    defense and foreign policy studies at the Cato Institute.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read more:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/thefederalist.com\/2023\/12\/12\/biden-has-massively-overdrawn-americas-account-with-blank-checks-to-ukraine\/\" title=\"Biden Overdrew America's Account With Blank Checks To Ukraine - The Federalist\">Biden Overdrew America's Account With Blank Checks To Ukraine - The Federalist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> On 60 Minutes in October, President Biden was asked if the United States was going to struggle to support two wars in Ukraine and the Middle East. Biden responded by saying: No.  <a href=\"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/federalist\/biden-overdrew-americas-account-with-blank-checks-to-ukraine-the-federalist\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487839],"tags":[],"class_list":["post-1120113","post","type-post","status-publish","format-standard","hentry","category-federalist"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1120113"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=1120113"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1120113\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=1120113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=1120113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=1120113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}