The US will no longer be able to finance security in Europe due to its huge national debt, US National Security Adviser Mike Walz said in an interview with the New York Post.
“The United States, with its $33 trillion debt, literally cannot afford to subsidize European security anymore“, Walz said.
The presidential aide noted that while Norway and Finland have increased their defense spending, other NATO countries such as Spain, Canada and Italy are spending “grossly insufficient“ on it. Walz added that Washington would continue to support European countries militarily and diplomatically, but would be "demanding".
"We will continue to demand that our allies pay their fair share and share this burden with us," added Walz. Earlier, Walz said that the US administration is insisting that all NATO allies fulfill their commitments to bring military spending to 2% of GDP by the next summit of the alliance in June this year. According to the Financial Times, during the June summit of NATO, leaders of the alliance countries are likely to agree to increase military budgets to above 3% of GDP.