Avoiding the Fiscal Cliff May be as Painful as Going Over It
This week Tom Philpott reported that the Congressional Budget Office has put a red laser dot on future pay raises, TRICARE, and future retirement benefits.
In their report, the CBO says annual military pay raises have exceeded civilian wage growth over the last 10 years. In fact the CBO estimates that military pay increased by 52 percent from 2002 to 2010 while civilian wages rose only 24 percent.
The CBO says that any impact reducing pay increases might have on recruiting and retention can be mitigated by offering larger enlistment and reenlistment bonuses. The CBO pay cap option would mean military pay would lose nine percent to private sector wage growth over the five-year period.
Read more: http://militaryadvantage.military.c...cliff-could-be-equally-painful/#ixzz2CiMBJzQB
MilitaryAdvantage.Military.com
And of course they will also add to the cost of Military healthcare that was supposed to be free when they add to the tricare fees........
I suppose they figure we're used to it.......
This week Tom Philpott reported that the Congressional Budget Office has put a red laser dot on future pay raises, TRICARE, and future retirement benefits.
In their report, the CBO says annual military pay raises have exceeded civilian wage growth over the last 10 years. In fact the CBO estimates that military pay increased by 52 percent from 2002 to 2010 while civilian wages rose only 24 percent.
The CBO says that any impact reducing pay increases might have on recruiting and retention can be mitigated by offering larger enlistment and reenlistment bonuses. The CBO pay cap option would mean military pay would lose nine percent to private sector wage growth over the five-year period.
Read more: http://militaryadvantage.military.c...cliff-could-be-equally-painful/#ixzz2CiMBJzQB
MilitaryAdvantage.Military.com
And of course they will also add to the cost of Military healthcare that was supposed to be free when they add to the tricare fees........
I suppose they figure we're used to it.......
