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Mullen: National Debt is a Security Threat

Posted By admin On August 28, 2010 @ 4:14 am In Money Watch | Comments Disabled

Michael Cheek
ExecutiveGov [1]
Saturday, August 28, 2010

The national debt is the single biggest threat to national security, according to Adm. Mike Mullen, chairman of the Joint Chiefs of Staff. Tax payers will be paying around $600 billion in interest on the national debt by 2012, the chairman told students and local leaders in Detroit.

“That’s one year’s worth of defense budget,” he said, adding that the Pentagon needs to cut back on spending.

(ARTICLE CONTINUES BELOW)

Mullen: National Debt is a Security Threat 260310banner2 [2]

“We’re going to have to do that if it’s going to survive at all,” Mullen said, “and do it in a way that is predictable.”

He also called on the defense industry to hire veterans and become more robust in the future.

Full story here. [1]


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URLs in this post:

[1] ExecutiveGov: http://www.executivegov.com/2010/08/mullen-national-debt-is-a-security-threat/

[2] Image: http://purewaterfreedom.com/

[3] U.S. National Security Budget in Fiscal 2013 Will Be Nearly $1 Trillion: http://www.prisonplanet.com/u-s-national-security-budget-in-fiscal-2013-will-be-nearly-1-trillion.html

[4] Paul: Debt is a Threat to National Security: http://www.prisonplanet.com/paul-debt-is-a-threat-to-national-security.html

[5] The Looming Threat of National Debt: http://www.prisonplanet.com/the-looming-threat-of-national-debt.html

[6] Robert Gates, Mike Mullen To Bin Laden Raid Leakers: Stop Talking: http://www.prisonplanet.com/robert-gates-mike-mullen-to-bin-laden-raid-leakers-stop-talking.html

[7] The Biggest Threat to National Security: http://www.prisonplanet.com/the-biggest-threat-to-national-security.html

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