A CHANGE IN U.S. NUCLEAR STRATEGY
Elbridge Colby, the Undersecretary of Defense for Policy, is reported to be behind a change in US nuclear strategy that would place greater emphasis on tactical nuclear weapons, a change that critics say would make them more likely to be used. Colby discussed his policy at U.S. Strategic Command’s 2026 Deterrence Symposium in Omaha, Nebraska […]
TREASURY DEBT HITTING $40 TRILLION, KEEPS ‘SHORT-TERMING’
The U.S. Treasury’s total Federal debt will reach $40 trillion (about $32 trillion publicly held) in approximately two weeks, and it has raised its estimate of new debt to be issued in the third quarter of 2026, from $671 billion (estimated in May) to $739 billion. With that increase caused primarily by lower projected cash […]