Whether it's your personal budget or the overall military budget, nothing is spared from cost-conserving scrutiny during tough economic times.
Before they were famous, many truly influential men and women started by serving their country in the US military or grew up in military families.

The Politics of Cutting Military Benefits

Posted:

The Sustainable Defense Task Force, an 18-member panel that reports to the White House and Congress, was formed to deal with reducing the federal deficit. In their report sent to the National Commission on Fiscal Responsibility and Reform in December 2009, the Task Force proposed a $1.1 trillion reduction in defense spending over 10 years, including $628.5 billion in personnel program cuts. These cuts would be aimed at a long-term deficit reduction, with all military spending under close scrutiny.

Whether it's your personal budget or the overall military budget, nothing is spared from cost-conserving scrutiny during tough economic times. Military benefit programs under scrutiny and reduction even includes military pay raises, retired pay, health care benefits, commissaries and exchanges, and even military force size.

MILITARY BONUSES TO REPLACE MILITARY PAY RAISES?

As military servicemembers, what will proposed military budget cuts mean to you?

According to congressional aides, due to the incongruity of completion dates for the 2011 Defense Budget and the Commission Report, cuts in military personnel programs are not likely to be made in 2010.

In addition, it seems that perhaps military bonuses will be introduced and reallocated, to replace pay military pay raises to those service categories most valuable to building and sustaining a powerful military force.

Rand research firm suggested that paying military bonuses to a few critically needed military service categories is the most effective way to cut spending, rather than across-the-board military pay raises.

Additional military budget cutting tactics call for reducing military personnel costs by changing the military retirement system, allowing military service members to earn military retired pay with less than 20 years of service.

MILITARY BENEFITS UNDER ATTACK

Drastically cutting military personnel costs are a high priority for the foreseeable future, as the military budget is attacked from all ends of the political spectrum. The $549 billion defense budget has $197 billion in military personnel costs and this has seemed excessive to some.

Military budget cuts seem to make sense to all parties in the political spectrum, even the Defense Department. Fiscal conservatives who want the government to decrease spending are also demanding defense spending transparency. Democrats want to include the defense budget in the list of cut domestic programs.

A widespread concern for the future is that military personnel costs - especially soaring health care costs, accounting for $58 billion of the 2011 defense budget - will leave the U.S. vulnerable by leaving less money to develop weaponry.



RELATED ARTICLES:


Sponsor:

VA Loans for Veterans
Complimentary VA loan pre-approvals will give you the comfort you need to shop for your home with confidence. VA refinance loans available.


VA Home Loans

Military Hub is not a government website and is not affilitated with any branch of the U.S. Military.


Support Our Troops:

Semper Fi Fund
The Semper Fi Fund provides financial assistance and support to service members and their families.
IAVA - Iraq and Afghanistan Veterans of America
IAVA is the nation's largest nonprofit, nonpartisan organization representing veterans and their families.
Team Rubicon
Team Rubicon unites the skills and experiences of military veterans with first responders.
Pat Tillman Foundation
The Pat Tillman Foundation invests in military veterans and their spouses through educational scholarships.

About Military Hub
Privacy Policy
Contact / Advertise

Copyright © 2008 - 2017
Advertise Military, LLC
All Rights Reserved

Disclaimer: MilitaryHub.com and MilitaryRates.com are private websites that are not affiliated with the U.S. Department of Veteran Affairs, any U.S. government agencies, or any U.S. military branches. Our sites contain basic information about veteran benefits, pay tables, current events, and news for active duty military personnel, military veterans, and their families. You can find additional information on these topics at the official website for U.S. Department of Veteran Affairs.