Feb 11, 2014

House Votes to Repeal Military Retirement Cuts



"...The House voted Tuesday to repeal cuts to military retirement pay that were scheduled to go into effect next year.

The chamber passed the measure overwhelmingly by a vote of 326-90. The Senate is expected to vote on its own version of repeal legislation this week.

The 1 percent reduction in the annual cost of living adjustment for current working-age military retirees was part of a bipartisan budget deal in December intended to reduce the federal budget deficit and partially restore some of the automatic budget cuts that were imposed on the Pentagon and other government agencies under sequestration..."

Read more at Stripes