Military retirees could face as much as $124,000 in lost retirement income if the bipartisan budget agreement is enacted, according to the Military Officers Association of America (MOAA).
My must read of the day is “Your guide to the budget deal compromise,” in NBC News.
Military retirees will see a decrease in their pension plans if the bipartisan budget agreement is adopted, while civilian federal employees will be exempt.
A quartet of conservative panelists looked at the challenges of being the minority party in a divided government during a Saturday afternoon panel at the National Review Institute Summit titled, “The Way Out of the Fiscal Mess.”
At a press conference at the Capitol on Wednesday, more than two dozen House and Senate Republican gathered in support of the Honest Budget Act, a bill that would eliminate a laundry list of gimmicks Congress has used for years to avoid budgetary constraints and fuel ever-increasing spending levels.