The Agenda -> We’ve been holding our punches on North Korea — We can’t help Venezuela alone

The Heritage Foundation at HoaxAndChange.com

The Agenda -> We’ve been holding our punches on North Korea — We can’t help Venezuela alone

The Heritage Foundation at HoaxAndChange.com

The Heritage Foundation at HoaxAndChange.com

The Heritage Foundation
Aug. 15, 2017
Tensions are high on a range of issues in the United States and across the globe. Here is your weekly insight: There are many options left in dealing with North Korea; Heritage expert Bruce Klingner lays out where we have been holding back. Also, there is a great opportunity in Vice President Mike Pence’s trip to Central and South America this week. Plus, before you know it lawmakers will be debating tax reform; Heritage explains why it’s so important to get it done. Take notes, we have your conservative policy solutions right here.
—Michelle Cordero, Managing Editor, Heritage.org
We’ve been holding our punches on North Korea.
President Trump tweeted Friday that the United States is “locked and loaded” and ready to respond to any North Korean attack on Guam. On Sunday, CIA DirectorMike Pompeo said even though more missile tests from North Korea are a possibility, he has seen no intelligence that would indicate we are on the cusp of nuclear war. Bruce Klingner, a senior research fellow in Heritage’s Asian Studies Center, says there are still many options for the United States. “We should be going after North Korea for its violation of U.N. resolutions,” Klingner says. “Also, we have been holding our punches on what we should be doing to enforce U.S. law. There are Chinese and North Korean and other violators of the U.S. financial system. We have been holding back. … We can wean away the Chinese banks and businesses that are engaging with North Korea.” Watch Klingner on Fox Business Network and read his latest report on the growing North Korean threat.
We can’t help Venezuela alone. 
This week, Vice President Mike Pence travels to Central and South America, visiting Colombia, Argentina, Chile, and Panama. The visit comes as Venezuela descends further into autocracy and governmental oppression. Ana Quintana, a policy analyst for Heritage’s Douglas and Sarah Allison Center for Foreign and National Security Policy, recently outlined what the United States should do in Venezuela. Quintana writes that it’s important that Pence tries to expand the regional coalition for unified action against Venezuela. “The crisis in Venezuela is a problem for all of Latin America. Leaders and stakeholders must join efforts at helping restore Venezuela’s democracy and addressing the humanitarian crisis.” Read Quintana’s full report on the vice president’s trip and on the crisis in Venezuela.
All Americans will benefit from tax reform.
Negotiators are continuing to hammer out the details of a tax reform package that will be presented to GOP lawmakers when they return from August recess. Heritage President Ed Feulner recently wrote in The Washington Times about how bad America’s business tax system is. “American corporations face one of the highest tax rates in the world. They also must grapple with one of the worst systems for business deductions of investment expenses,” Feulner writes. “Some Americans may hear that and think, ‘Well, big deal. Those big companies can afford it. And how does it really affect me?’ Very directly: 70 percent of all business taxes end up being paid by workers through lower wages.” Read Feulner’s column here and Heritage’s latest report on tax reform.


HAPPENING AT HERITAGE

This week on Heritage’s Mass Ave podcast, Bruce Klingner, a senior research fellow in Heritage’s Asian Studies Center, discusses the escalating tension with North Korea and unpacks the security risks, likely outcomes, and U.S. response. Also, Olivia Enos, a policy analyst in Heritage’s Asian Studies Center, adds insights into the human rights angle of the situation, including the impact on refugees and prisoners. Listen to the podcast.
Tuesday at 11 a.m., Heritage hosts a discussion on how to reorganize the federal government with Donald J. Devine, the former director of the Office of Personnel Management; Robert J. Shea, former associate director of the Office of Management and Budget; and Rachel Greszler, a research fellow in Heritage’s Center for Data Analysis. Watch it live.


HERITAGE IN THE NEWS

James Carafano, vice president of Heritage’s Kathryn and Shelby Cullom Davis Institute for National Security and Foreign Policy, discussed nuclear strategy on Fox Business Network’s “Making Money.” Watch the interview.
Peter Brookes, a senior fellow on national security affairs at Heritage’s Douglas and Sarah Allison Center for Foreign Policy, discussed the growing threat from North Korea on Fox Business Network’s “The Intelligence Report andVarney & Co. and on MSNBC Live.
Bruce Klingner, senior research fellow for Northeast Asia at Heritage, discussed North Korea on CNN InternationalFox Business Network’s “Cavuto: Coast to Coast,” and MSNBC Live.
Dean Cheng, a senior research fellow in Heritage’s Asian Studies Center, discussed North Korea’s recent threat and President Trump’s response on Fox Business Network’s “Making Money.” Watch the interview.
Steve Bucci, visiting fellow in Heritage’s Allison Center for Foreign and National Security Policy, discussed any potential military conflict with North Korea on Fox Business Network’s “Cavuto: Coast to Coast,” and Fox News’ “Happening Now.”
John Venable, a senior research fellow in Heritage’s Center for National Defense and Davis Institute for National Security and Foreign Policy, discussed America’s nuclear arsenal on Fox Business Network’s “Making Money.” Watch the interview.
Hans von Spakovsky, a senior legal fellow for Heritage’s Meese Center for Legal and Judicial Studies, discussed the raid of Paul Manafort’s home on Fox News’ “Happening Now.” Watch the interview.
Tim Doescher, special assistant and research associate in Heritage’s Institute for Economic Freedom and Opportunity, discussed economic growth and new job numbers since Trump was elected on MSNBC’s “AM Joy.” Watch the interview.


POLICY PICTURE

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