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Debt and Our National Security
Posted by Randy | June 29, 2010

This week, Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, said our national debt is one of the biggest security threats to our nation. Expected to reach $13.6 trillion this year, our national debt limit has already been increased five times in the past two years.

I have long said that our fiscal decisions have a direct impact on our national security. When we allow our budget to drive our national defense and security decisions, it hamstrings us from making decisions in the best interest of our nation. Furthermore, it leaves us increasingly vulnerable to countries like China, which is strategically buying up more of our national debt than any other country.

We need a paradigm shift in Washington. One of the solutions I've supported in addressing our national debt is the Cap the DEBT Act, which would mandate a two-thirds vote by the House and the Senate to raise the debt ceiling. You can read more about it in this post.

I’d like to hear your thoughts. Do you think our national security is being negatively impacted as a result of unsustainable debt? Leave a comment below.

 

 
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