President Obama stated Monday that he would support a 20% pay reduction for retiring military personnel as well as redefining benefits for those that leave before achieving 20 year of service. So it’s only a matter of time before these recommendations are realized.
Obama has been cutting natural born citizens out of the military while simultaneously hiring illegal immigrants. He has also been ending highly successful military programs and allowing different components the military to simply degrade, prompting the Washington Times to state that Obama has our decimated our military, leaving the US only ‘marginally able’ to defend itself.
How does President Obama explain his intentions?
After the jump, see insights reported in the Washington Times article, including excerpts from Obama’s message to Congress:
same for all government workers who retire then right? Including the Pres. right? Who votes on that one?
Another way to cut enlistment rates. What a$#%&!@*
I’m a Finance Soldier in the Army and I just recently gave a brief on this very topic. Although I’m a Republican, I don’t believe in slamming the President for the sake of media ratings.
1) The move will save DoD spending on military retirement by a projected 1.2 Billion Dollars annually.
2) With this new plan, the military will offer matching contributions up to a total of 6% towards individual retirement funds. (TSP)
3) For the Soldiers who are smart enough to take advantage of the matching contributions, they will likely make MUCH MORE money for retirement due to their money being invested.
4) This plan will allow most Soldiers, not just those who serve 20+ years, to have at least some type of retirement money waiting for them.
This plan is a good thing for Soldiers AND taxpayers. Money is being invested instead of just blindly paid out. This is a good thing.
Look up the facts before you believe the headlines.
His pay & retirement should be cut 100%
Sob. I say 95%cut on all senate house and executive branch. And no medical.
Some Commander-in-chief! Who in the Hell does this idiot think he is?! I think he wants our military weaker, so that when his term is up, his muslim brothers and sisters can attack us!
http://video.lauraingraham.com/She-Rips-Obama-To-Shreds-With-This-Epic-Monologue–Says-What-Weve-All-Been-Thinking-29399330
Obama hates our military because they are fighting and killing his Muslim friends that he said that he would stand beside if the political winds should shift.
They need to impeach him and use his retirement for a raise for our military’s retirement.
Kept his friend and more lies like eating some today