AdvertisementThe effort to defund the World Economic Forum is not merely symbolic, nor is it driven by isolationism. Rep. Scott Perry’s Defund Davos Act underscores that this administration and its allies are finally drawing a line against borrowing money to subsidize global elites. A nation that continually borrows to fund the influence and indulgence of global elites while passing the bill to future generations is not acting responsibly. In reality, the truly reckless behavior was pretending that unlimited spending, unlimited debt, and unlimited global commitments could coexist indefinitely. By reasserting control over spending and refusing to treat global elites as untouchable beneficiaries of American debt, this administration is signaling that decline is not inevitable.