I’m getting a sense of deja vu reading Chairman of the Joint Chiefs of Staff Admiral Mike Mullen’s comments on whether or not military servicemembers will receive their paychecks in the event that Congress cannot reach a deal to raise the country’s debt ceiling by Tuesday.
As I wrote back in April, the nations’ soldiers, sailors, and airmen are:
“[P]utting their lives in danger on a daily basis and the President is not going to move heaven and earth to pay them? This is not only an ill-advised action, but also it is stupid.”
Hats off to the financial institutions including USAA that have announced they will be offering active duty servicemembers who bank with them a waiver of certain late fees and a temporary paycheck advance so that servicemembers will not be forced to turn to high-interest payday loan places.