Pentagon Sees ‘Chinese Threat’ In US Default

While testifying at a Senate Defense Appropriation hearing, US Defense Secretary Lloyd Austin and other senior Pentagon officials warned of the "Chinese threat" in the event of a US default.

US Defense Secretary Lloyd Austin and other senior Pentagon officials have urged lawmakers to extend the federal borrowing limit, insisting a default on the national debt would be devastating for America’s reputation and “embolden” China.

Testifying at a Senate Defense Appropriation hearing ...

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