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Pentagon chief warns default would harm national security, endanger troop pay

18 days ago   |   By Politico

Defense Secretary Lloyd Austin warned Wednesday that a U.S. debt default would have far-reaching consequences for national security, and would even endanger pay and benefits for millions of troops, military retirees, survivors and civilian and contractor employees.
"If the United States defaults, it would undermine the economic strength on which our national security rests," Austin said in a written statement .
The Pentagon chief's stark warning is the latest effort - this time from the national security wing of the Biden administration - to highlight the cataclysmic effects that could be...
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Default would threaten national security, keep troops from getting paid, Pentagon chief says

Default would threaten national security, keep troops from getting paid, Pentagon chief says

18 days ago   |   By CNBC

Defense Secretary Lloyd Austin on Wednesday warned he won't be able to ensure troops receive their pay on time if the U.S. defaults.
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