Tuesday, September 20, 2011

Retiree Benefits for the Military Could Face Cuts ? NYTimes.com ...

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.

via Retiree Benefits for the Military Could Face Cuts ? NYTimes.com.

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Source: http://jhpplnewsandnotes.wordpress.com/2011/09/19/retiree-benefits-for-the-military-could-face-cuts-nytimes-com/

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