July 28, 2014

U.S. Budget Experts: Military COLA Retreat Raises Deep Concerns

February 18, 2014
Market News International (MNI)

Excerpt

Robert Bixby, executive director of the Concord Coalition, said the large bipartisan vote in both chambers last week to rescind the military pension COLA provision is troubling. "This was the one hard choice that was made a few months ago in the Ryan-Murray budget agreement," Bixby said. In its weekly budget report released Tuesday, the Concord Coalition called the military pension COLA reversal "a disappointing show of political panic."