Cut Our Enemies’ Military Budgets Without Gutting Ours

2025-02-19

President Trump recently proposed to meet with Russian and Chinese dictators Vladimir Putin and Xi Jinping to agree to cut the three nations’ military expenditures by half. At a time when Xi’s regime is engaged in a whole-of-society People’s War against the United States – and rapidly building up the means of making it a shooting one – dramatic reductions in such spending would clearly be desirable. Ditto its subsidizing of Russia’s war in Ukraine and Putin’s resulting weapons binge.

President Trump recently proposed to meet with Russian and Chinese dictators Vladimir Putin and Xi Jinping to agree to cut the three nations’ military expenditures by half.

At a time when Xi’s regime is engaged in a whole-of-society People’s War against the United States – and rapidly building up the means of making it a shooting one – dramatic reductions in such spending would clearly be desirable. Ditto its subsidizing of Russia’s war in Ukraine and Putin’s resulting weapons binge.

Fortunately, we don’t have to gut our own national security to achieve these laudable goals. Fox Nation’s Maria Bartiromo just confirmed that Wall Street is “underwriting the enemy” by investing in Chinese companies – including many working for the CCP’s military. Such funds also enable the PRC to buy Russian energy.

We can, and must, cut off this insane underwriting unilaterally –and now.

This is Frank Gaffney.

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