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“Glory to God in the highest heaven, and on earth peace to those on whom his favor rests.”
- Luke 2:14
AI Doomers Unite: Anthropic's Dario Amodei and OpenAI's Sam Altman to Address UN Security Council
Anthropic CEO Dario Amodei is scheduled to address the UN Security Council on Wednesday alongside OpenAI CEO Sam Altman in a meeting focused on the future of AI.
The post AI Doomers Unite: Anthropic’s Dario Amodei and OpenAI’s Sam Altman to Address UN Security Council appeared first on Breitbart.
President Trump’s $5,000 Fiscal Test
President Trump may have accomplished something fiscal conservatives have been trying unsuccessfully to do for decades: he got Washington talking seriously about the national debt. All it took was promising a $5,000 payment—what he calls a “Trump Dividend”—to every adult American citizen if Republicans retain control of Congress. With roughly 240 million eligible recipients, the back-of-the-envelope cost is about $1.2 trillion.
Suddenly, the political class discovered fiscal responsibility. Critics immediately pointed out that the federal government doesn’t have over a trillion dollars lying around. They warned that the checks would increase the deficit. They reminded us that the national debt has surpassed $40 trillion. They worried about inflation, borrowing costs, and the burden we are leaving to future generations.
Those are legitimate concerns. In fact, they should have been dominating our national political debate for decades.
The federal government has been spending money it does not have at an astonishing rate. Annual deficits that once would have produced political panic are now treated almost as background noise.
A trillion dollars has become an almost meaningless abstraction. Consider how large a trillion is. A million seconds is about 12 days. A billion seconds is nearly 32 years. A trillion seconds is more than 31,000 years. Yet our political representatives routinely toss around trillions as though they are discussing the office-supply budget.
That is why the reaction to Trump’s proposed $5,000 checks is so revealing. Whatever one thinks of the proposal itself—and there are perfectly good reasons to question sending another trillion-plus dollars out the Treasury’s door—the renewed concern about borrowing raises an obvious question: Where has everybody been?
The United States did not wake up one morning with a $40 trillion national debt because somebody proposed sending Americans a check. The debt accumulated because, year after year, Congress spent more than the government collected and borrowed the difference.
Entitlement programs were created or expanded. Emergency spending became routine. Temporary measures acquired permanent constituencies. Politicians discovered that voters enjoy receiving government benefits considerably more than they enjoy paying the taxes necessary to finance them.
Washington’s addiction to debt is bipartisan, and Republican Congresses and presidents have substantially increased it just as Democrats have.
But that makes the current moment all the more useful. If a $1.2 trillion proposal is irresponsible because the country is already deeply indebted, then fiscal responsibility cannot begin and end with this particular $1.2 trillion. The same arithmetic should apply to every spending proposal.
Every dollar Washington spends ultimately comes from one of three places: current taxpayers (including importers via tariffs and, potentially, taxpayers if those costs get passed through to consumers), borrowing from future taxpayers, or money creation, which can erode purchasing power through inflation. There is no fourth category called “government money.”
That elementary fact tends to disappear from political debate whenever Congress is considering a favored program. Costs are described over ten years. Spending is called an “investment.” Borrowing is treated as somebody else’s problem.
Then somebody proposes mailing the money directly to the people, and suddenly everyone remembers that the Treasury has a balance sheet. Perhaps taking spending seriously again in speech is the most valuable thing about the $5,000 proposal.
This should immediately raise basic, nonpartisan questions: Can we afford this? Where will the money come from? How much interest will taxpayers pay on that borrowing? Is this expenditure important enough to justify passing its cost to our children and grandchildren? These questions should be asked whenever anyone—Republican or Democrat—proposes spending another dollar.
And the interest clock is already running. As the debt grows, interest consumes an ever-larger share of federal resources. Unlike most federal programs, interest cannot simply be canceled without defaulting on the nation’s obligations. Money spent servicing yesterday’s borrowing is money unavailable for defense, national infrastructure, Social Security, tax relief, or anything else tomorrow’s voters might consider important.
So by all means, debate the $5,000 dividend. Ask whether it is affordable. Calculate its effect on deficits and inflation. Demand to know where the money will come from. Senator Bernie Moreno, a Republican from Ohio, is drafting legislation to pay for it by instituting a market access fee on imports. That is a salutary development in a town that for too long has spent first without even bothering to consider who would pick up the tab.
But having rediscovered those questions, the political class should not forget them the moment this proposal disappears from the headlines.
If the prospect of $5,000 checks finally makes Americans look at a $40 trillion national debt and ask, “How on earth are we going to pay for this?” then the proposal will already have performed a useful public service.
The only question is whether Washington will keep asking it.
The post President Trump’s $5,000 Fiscal Test appeared first on The American Mind.
Former DHS Head Kristi Noem Posts Photo of Massive Elk She Took on Wyoming Hunting Trip
Former Department of Homeland Security head Kristi Noem posted photos to Instagram Monday of a huge elk she harvested during archery season in Wyoming.
The post Former DHS Head Kristi Noem Posts Photo of Massive Elk She Took on Wyoming Hunting Trip appeared first on Breitbart.
U.N. Boss Antonio Guterres Scolds America, Repeats Stale 'Climate Crisis' Talking Points in Final General Assembly Speech
United Nations Secretary-General António Guterres opened this year's General Assembly with a speech focused on the "climate crisis."
The post U.N. Boss António Guterres Scolds America, Repeats Stale ‘Climate Crisis’ Talking Points in Final General Assembly Speech appeared first on Breitbart.
3-Time Olympic Gold Medalist Launches Petition Demanding the WNBA Define What a Woman Is
With the backing of Lara Trump, tennis legend Martina Navratilova, and former professional basketball players Charles Barkley and Enes Kanter Freedom, a three-time Olympic gold medalist launched a petition this week demanding that the Women’s National Basketball Association define “woman” as female.
Nancy Hogshead, who won three gold medals and one silver medal in swimming for the United States at the 1984 Los Angeles Summer Olympics, launched the petition after several Republican members of Congress, led by Rep. Marlin Stutzman, R-Ind., sent a letter to the league demanding that it define what a woman is.
As it stands, the league claims that only women are allowed to play, but it has not defined what being a woman is, despite numerous calls from members of Congress and current and former athletes.
“I’ve spent decades fighting for safe and equal opportunities for women in sports, both as an athlete and as a civil rights attorney,” Hogshead, who is now an American civil rights lawyer, said in a press release. “As a three-time Olympic gold medalist, I underwent sex verification myself. It was a simple cheek swab, and I know firsthand why clear eligibility standards matter.”
“I only wish we’d had similarly effective safeguards to catch the systematic doping of East German women swimmers in my era,” the gold medalist continued.
Hogshead, whose petition has garnered more than 21,000 signatures since its launch, added that this effort, along with the House Republican letter, is crucial for protecting women’s sports.
“That’s why I support Rep. Stutzman’s letter and launched my Change.org petition calling on the WNBA to define ‘woman’ as female. Without clear standards, male intrusion is inevitable. Males have competed in every level of female sport, from elite international competitions to schools, professional leagues, and masters leagues,” she added. “It’s time for the WNBA to protect what generations of women fought to build: the female category.”
She calls on the league to allow only players who have been female from birth.
As stated in the petition, Hogshead understands that women “train, sacrifice, compete, and fight unimaginably hard for the opportunity to reach the pinnacle of their sport,” and should be reassured that when “they step onto the court, they will be competing on a level playing field, without biological males.“
In her petition, Hogshead described the issue as one that “is not complicated,” arguing that the WNBA “exists for women and their fans. Biological female athletes deserve clear rules that ensure fair competition and uphold the opportunities that women’s sports advocates have worked over decades to create and provide.”
AI Giants Reportedly Neared Deal To Safety Test Each Other’s Models
Dimon: AI Spending Could Hit $1 Trillion Next Year
Scott Bessent: OpenAI Management to Blame for 'Unprecedented' Hack, Not AI Agents
Treasury Secretary Scott Bessent said Monday that OpenAI's management, not the AI systems it built, is responsible for a swarm of its AI agents hacking the Hugging Face platform in a July attack labeled "unprecedented" at the time. Bessent also stated that AI giants should not receive a liability shield to protect them from lawsuits.
The post Scott Bessent: OpenAI Management to Blame for ‘Unprecedented’ Hack, Not AI Agents appeared first on Breitbart.
Trump: Won't Rein in 'Amazing' AI 'Superintelligence'
Scott Jennings: Trump Media Ban Unlikely to Stand
Veteran Tied To GOP Think Tank Allegedly Runs US Surrogacy Firm Used By Chinese Billionaires
Pro-Abortion, Pro-Transgender Doctors Rush to Back Democrat Amy Acton in Ohio after Key Medical Association Endorses Vivek Ramaswamy
More than 1,000 Ohio doctors, including doctors who perform abortions and sex changes, signed a letter going against a major state medical association after its political arm endorsed Republican Vivek Ramaswamy for governor last week instead of Democrat Amy Acton.
The post Pro-Abortion, Pro-Transgender Doctors Rush to Back Democrat Amy Acton in Ohio after Key Medical Association Endorses Vivek Ramaswamy appeared first on Breitbart.
President Trump Signs U.S-Greenland Arctic Security Agreement
President Donald Trump, Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen will take part in a signing ceremony at the United Nations for an agreement that will bolster the U.S. military presence in Greenland forever sealing a Arctic security agreement for the U.S. WATCH (Livestream): . . Posted in Denmark/Greenland, Donald Trump, […]
The post President Trump Signs U.S-Greenland Arctic Security Agreement appeared first on The Last Refuge.
