US Defaulting on Debt to Undermine National Security, Pentagon Chief Says | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

US Defaulting on Debt to Undermine National Security, Pentagon Chief Says

The United States defaulting on its debt will undermine the economic strength on which the country's national security rests given that the military would not be able to pay its service members and contractors on time, US Defense Secretary Lloyd Austin said on Wednesday.

“If the United States defaults, it would undermine the economic strength on which our national security rests,” Austin said in a statement. “I would have no authority or ability to ensure that our service members, civilians, or contractors would be paid in full or on time.”

Austin said in the statement that the benefits of 2.4 million military retirees and 400,000 survivors would also be at risk.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA