JAMES DAO and MARY WILLIAMS WALSH
NY Times
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.
2 Responses to “Retiree Benefits for the Military Could Face Cuts”
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If they do that…the military WILL turn on them.
I dont believe even for 1 minute they would be that stupid..not before they take over the planet anyways……
Nothing actually says the military benefits are going to be on the chopping block. This article is speculation. There are many other money sucking operational areas that could be reduced first before they’d consider this last ditch measure.
If they can billions-bail out private organizations that caused the financial trouble in the first place, they’d likely best have an eye towards having their soldier’s backs. Salute.