Monday, September 19, 2011

U.S. Military Retirement Benefits Targeted For Cuts


Military Retiree Benefits Vulnerable As Congress Struggles To Cut Debt -- MSNBC/New York Times

Deficit agreement under which Pentagon must find billions in reductions may force cuts once considered unthinkable.

As Washington looks to squeeze savings from once-sacrosanct entitlements like Social Security and Medicare, another big social welfare system is growing as rapidly, but with far less scrutiny: the health and pension benefits of military retirees.

Military pensions and health care for active and retired troops now cost the government about $100 billion a year, representing an expanding portion of both the Pentagon budget — about $700 billion a year, including war costs — and the national debt, which together finance the programs.

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More News On U.S. Military Retirement Benefits Targeted For Cuts

Retiree Benefits for the Military Could Face Cuts -- New York Times
Obama deficit plan would re-examine military retirement -- Stars and Stripes
Obama plan calls for new Tricare fee hikes -- Air Force Times
It's Official: Military Retiree Benefits on the Table -- Time

My Comment: If this news does not make you aware on how much the U.S. military has declined in the past few years .... that we are now positioning ourselves to punish our military retirees .... nothing will.

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