As President Barack Obama continues to disrespect our troops while spreading their efforts throughout the world, he just announced it’s time to SLASH AND CUT military pay.
Obama has announced he fully accepts the recommendations of a commission to restructure military benefits, which means a pay cut of roughly 20% and a less generous retirement:
President Obama said Monday he supports the recommendations of a military commission that would reduce the size of traditional military retirement pay by about 20 percent and offer a new defined-contribution benefit for troops who leave before 20 years of service.
In a letter to congressional leaders, Mr. Obama said the proposals are “an important step forward in protecting the long-term viability of the all-volunteer force, improving quality-of-life for service members and their families, and ensuring the fiscal sustainability of the military compensation and retirement systems.”
Mr. Obama said he has directed his advisers to refine some recommendations, and that the White House will report to Congress on any proposed changes by April 30.
The Military Compensation and Retirement Modernization Commission issued a report in January report calling for shrinking the size of traditional military retirement pay by about 20 percent and offering a defined-contribution benefit for troops who separate before 20 years of service. Lawmakers of both parties raised sharp questions about the panel’s stated belief that the changes will satisfy service members while also saving money for the Treasury.
The commission’s proposal include decreasing the “multiplier” that the Pentagon uses to calculate traditional retirement pensions from 2.5 to 2.0, lowering the initial value of retirement checks by 20 percent.
Of course, Obama – who has a personal net worth of at least $12 million and never served in the military – finally found the one part of government he wants to cut. He has spent his entire career as a community organizer hating the military, and now at the end of his second term he is giving our troops a big slap in the face.
What do you think of Obama’s proposal? Please leave us a comment and tell us what you think.