The Price of Liberty: Paying for America's Wars
As the fight between Congress and the Administration about Iraq war funding rages, Robert D. Hormats, Vice Chairman, Goldman Sachs International, and Author, The Price of Liberty: Paying for America's Wars, contends that borrowing to pay for the Iraq war and an unclear fiscal strategy for paying for a long-term war on terror threaten our financial security--and our national security. Join Ambassador Hormats for a timely discussion on the role of the government and the public in safeguarding national security against the backdrop of today's increasing deficit, political pressures, and changing economic landscape.
Imagine President Franklin Roosevelt announcing at the end of 1944, after the liberation of France but before the final defeat of Nazi Germany and Imperial Japan, that World War II was over and that U.S. forces were ending combat operations. Instead we would support our allies, from Britain to China, in their fight against the Axis powers.
Gayle Tzemach Lemmon discusses the U.S. publicís relative inattention to military conflicts in Iraq and Afghanistan and its effect on foreign policy.
Congress is now debating President Obamaís proposed Authorization for the Use of Limited Military Force to fight the Islamic State of Iraq and Syria. Yet the presidentís request for this action from Congress comes more than six months after U.S. aircraft began bombing ISIS positions in Iraq and Syria, and even if passed it is merely an authorization for the use of force, not a full-fledged state of war, which Congress has not passed since World War II.