Paul Ryan Defends Balancing Budget On Backs Of Retired Military
Click here for reuse options!The deal, authored by Mr. Ryan and Sen. Patty Murray, Washington Democrat, also cuts the cost-of-living adjustment to one percent below the consumer price index for military retirees younger than 62 and goes into effect in 2015.
While Sen. John McCain, Arizona Republican, said that all military service leaders support the bill because of the $63 billion in sequestration relief it provides, veterans groups demanded last week that President Obama veto the budget bill. A White House petition to veto the budget bill has more than 18,000 signatures as of Monday morning.
“Military retirees have risked their lives, sacrificed normal family life, and given their prime earning years to defend this nation,” the We the People petition says. “One of the primary motivators for military members to spend an entire career in the military is the promise of a retirement benefit that cannot be made worthless by inflation. The Ryan/Murray proposal breaks that promise.”
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