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Weekly Debrief #45

Aarzu Maknojia, Friday, September 18, 2020

1. Full Impact of COVID-19 On Industrial Base Not Yet Known

(Department of Defense) While the Defense Department has done a lot to help ensure the stability of the defense industrial base during the COVID-19 crisis, Ms. Lord said it will be a while before the DoD knows for sure just exactly how healthy the industrial base is following COVID-19. Right now, it's too early to tell how well companies have fared during the crisis.
 

2. Defense Industry Worries Congress Will Punt Budget Deal Into 2021

(Defense News) As the current fiscal year ends on September 30, a continuing resolution is imminent. Democrats are currently considering whether to offer a continuing resolution that would stretch 2020 funding levels into next February or March or whether to go along with a stopgap through mid-December as the Senate's Majority Leader is currently seeking. CRs are common especially during an election year but often delay new revenue streams from companies.
 

3. Pelosi: Hard to See Democrats Supporting Less Than $2.2 Trillion In COVID Aid

(The Hill) Speaker Pelosi said she's hopeful that they will reach an agreement on the next round of coronavirus relief but suggested that Democrats aren't prepared to accept anything less than her last offer of $2.2 trillion on a deal. Democrats have dropped their request down from $3.4 trillion. However, Republicans have similarly dropped their request from $1.1 trillion to $650 billion.
 

4. Reshoring Does Not Mean 'Buy America' Only

(Defense News) This opinion piece discusses that the COVID-19 pandemic has led to increased calls to "Buy American." However, the author argues that protectionist efforts don't adequately address the real problem in our industrial base and especially our dependencies on companies based in China. In order to reduce this dependency, we'll likely need to collaborate with our partners and allies.
 

5. Election 2020: Presidential Candidates Answer MOAA’s Questions

(Military Officers Association of America) President Donald Trump, Democratic nominee Joe Biden, and Libertarian candidate Jo Jorgensen — all competing in the 2020 presidential election — responded when MOAA asked for their outlook on uniformed services issues in the weeks leading up to Election Day. The questions cover a wide range of topics related to servicemembers, veterans, and their families, as well as national defense posture, the defense budget, and what the services need to accomplish their missions.
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