Senator Al Franken has proposed a "Pay for War" resolution that would require Congress to raise taxes and/or cut spending before authorizing new acts of war, so that American foreign adventures can't contribute to the national debt.
"We have to ensure that Iraq and Afghanistan remain anomalies in American history," Franken said on the Senate floor Wednesday. "And that's what my resolution seeks to do. It will ensure that future wars don't make our deficit and debt problem worse. It will ensure that Congress and American citizens must face the financial sacrifice of going to war. And it will force us to decide whether a war is worth that sacrifice."
"In the last ten years our wars have been paid for by borrowing," Franken said. "The Iraq War was accompanied by a massive tax cut. That failed fiscal experiment created the impression that war requires no financial sacrifice. We know that is just not true. The question is who will bear the financial sacrifice, the generation that has decided to go to war or its children and grandchildren?"
The McClatchy Company, a chain of more than 30 U.S. newspapers, is expected to close its foreign bureaus by the end of the year. The media giant’s chief executive denies the rumors, but it kind of sounds like the closures are likely anyway.
Jon Hendren, @fart, was mistakenly summoned onto Headline News instead of journalist John Hendren, to talk about whistleblower Ed Snowden. He talked about Edward Scissorhands instead. The clueless, scripted anchor didn’t seem to notice the difference.
The National Geographic magazine has been a nonprofit publication since inception in 1888, but that ends today. The long-running American publication becomes very much for-profit under a $725 million dollar deal announced today with 21st Century Fox, the entertainment company controlled by the family of Rupert Murdoch. Murdoch is a notorious climate change denier, and […]
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