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Retiree Benefits for the Military Could Face Cuts
on September 19, 2011 – 12:22 pm
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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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Source: New York Times
My Comments:
Aiight now…just don’t touch my check…thank you very much Stevie G.
