26
Feb
Today, former Secretaries of Defense Leon Panetta and Chuck Hagel warned that brinksmanship on the debt ceiling would have serious consequences for national security, noting: “The consequence of debt-ceiling brinksmanship is a dangerous self-inflected wound that tells both our friends and our enemies that we cannot be trusted. Such brinksmanship weakens our national security.” The former Defense Secretaries write that the consequences of default would be devastating: “Not only would default seriously damage America’s economic credibility; it would also weaken our nation’s security by interfering with our ability to pay our troops and maintain military readiness.” President Biden is committed…