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Treasury Secretary Warns U.S. May Halt Military Pay by November 15
Treasury Secretary Scott Bessent warned that the federal government will be unable to pay active-duty U.S. military personnel after November if the current government shutdown continues without a funding resolution.
But he cautioned that unless Congress approves new appropriations soon, the Defense Department will run out of authority to process further payments by mid-month.
Speaking on CBS News, Bessent said the Treasury has been reallocating remaining funds to prioritize salaries for service members through early November 15.
The government shutdown began on October 1 after Congress failed to pass a full-year spending bill for fiscal 2026. It has already forced furloughs of roughly 750,000 federal workers and delayed pay for millions of others. Officials said agencies have been forced to suspend several non-essential programs to maintain critical payrolls.
By November 15, our troops and service members who are willing to risk their lives aren’t going to be able to get paid,” Bessent said,
Urging lawmakers to reach an immediate agreement. The Treasury chief added that the department is “operating on limited reserves” and that prioritizing military pay is “no longer sustainable” without legislative action.
The Defense Department currently employs about 1.3 million active-duty troops, all of whom could face pay disruptions if the stalemate persists.
Economists warn that an extended shutdown could further slow growth, delay economic data releases, and shake public confidence in the government’s fiscal management.
