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Retiree Benefits for the Military Could Face Cuts

Posted By admin On September 19, 2011 @ 3:19 am In U.S. News | Comments Disabled

NY Times [1]
Sept 19, 2011

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.

Making even incremental reductions to military benefits is typically a doomed political venture, given the public’s broad support for helping troops, the political potency of veterans groups and the fact that significant savings take years to appear.

But the intense push in Congress this year to reduce the debt and the possibility that the Pentagon might have to begin trimming core programs like weapons procurement, research, training and construction have suddenly made retiree benefits vulnerable, military officials and experts say.

Full article here [1]

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URLs in this post:

[1] NY Times: http://www.nytimes.com/2011/09/19/us/retiree-benefits-for-the-military-could-face-cuts.html?_r=2&hp

[2] US veterans face financial ruin waiting for benefits from overburdened VA: http://www.prisonplanet.com/us-veterans-face-financial-ruin-waiting-for-benefits-from-overburdened-va.html

[3] Pentagon Budget Cuts are Possible: http://www.prisonplanet.com/pentagon-budget-cuts-are-possible.html

[4] Obese people could face benefit cuts: http://www.prisonplanet.com/obese-people-could-face-benefit-cuts.html

[5] Military “Cuts”: Don’t Believe the Hype: http://www.prisonplanet.com/military-cuts-dont-believe-the-hype.html

[6] Republican hopeful Paul calls for military cuts: http://www.prisonplanet.com/republican-hopeful-paul-calls-for-military-cuts.html

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