The Senate is set to boost Social Security payouts to public sector workers who receive pensions and did not pay taxes to support Social Security while working in the public sector, thunders Reason's Eric Boehm. The cost of nearly $200 billion will hasten the insolvency of Social Security for all beneficiaries, leading to a projected loss of over $25,000 in lifetime Social Security benefits for average couples.
President Joe Biden's administration just agreed to a five-year extension to the science and technology sharing agreement with China, which is a bad decision given China's use of civilian technologies for military purposes. This move undermines allies like France, Australia, South Korea, and the UK, sending the wrong message as they cautiously engage with China amidst U.S. concerns about technology access for military purposes.
Collection
[
|
...
]