• ← Back to INVESTOR TIMES
  • Investing Articles
  • Financial Markets News
  • Tech News
  • Cryptocurrencies News
FREEDOM OUTPOST
No Result
View All Result
FREEDOM OUTPOST
No Result
View All Result
FREEDOM OUTPOST

Here’s What A Trump Win Could Mean For Troop Pay Raises

Freedom Outpost by Freedom Outpost
January 16, 2021
in News
0

Military service-members and their families are reportedly disappointed by the prospect of an incredibly low pay increase, but the decisive election victory of GOP President-elect Donald Trump may inspire Congress to press forward with its plan for a raise.

President Barack Obama’s planned raise is just 1.6 percent effective Jan. 1, which is 0.5 percent lower than the figure in the private sector, despite the fact that military wages are supposed to track with the civilian sector.

Since 2011, military pay increases have been held under 2 percent.

Congress is divided over adding $18 billion extra to the defense budget to halt declining military readiness in its tracks, a divide not helped by the fact that Obama threatens a veto if such a proposal crosses his desk. In other words, the House Committee on Armed Services, a proponent of a larger troop pay raise, can’t seem reach consensus concerning the companion legislation in the Senate.

take our poll – story continues below Completing this poll grants you access to Freedom Outpost updates free of charge. You may opt out at anytime. You also agree to this site’s Privacy Policy and Terms of Use.

And yet, now that Trump has exceeded all electoral expectations with his win Tuesday evening, Congress may be ready to drop internal squabbling surrounding funding. Notably, also on election night, Republicans managed to retain control of the House and Senate.

“They thought they might lose the Senate and they might as well get the best [budget] deal they could … now I think there is a feeling they could push much harder. I expect them to be more aggressive than they would have been otherwise,” Mark Cancian, senior adviser for the international security program at the Center for Strategic and International Studies, told Military.com.

Earlier this year in June, the Senate rejected GOP Arizona Sen. John McCain’s defense funding plan, with Democrats complaining that not enough funds were being allocated to fighting opioid addiction and the Zika virus.

Following the election Tuesday, the National Military Family Association wrote a letter to Trump, urging him to take seriously the problem of troop underpayment.

“If a new administration would say, ‘We are going to find a way in our budget to give you the full increase that is in law,’ that would be a huge message,” said executive director Joyce Wessel-Raezer, according to Military.com.

This coming Monday, both the House and Senate committees will resume defense bill negotiations.

And given a Trump victory, the result may be much closer to House Committee on Armed Services Chairman Mac Thornberry’s proposal of a 2.1 percent pay increase for troops.

Article posted with permission from The Daily Caller Foundation

Don’t forget to Like Freedom Outpost on Facebook and Twitter, and follow our friends at RepublicanLegion.com.

Previous Post

Obama Sets Military Pay Lower Than Civilian Sector For The Fourth Year In A Row

Next Post

Debt Ceiling? What Debt Ceiling? Let’s Just Print More Fake Money!

Next Post

Debt Ceiling? What Debt Ceiling? Let’s Just Print More Fake Money!

About Freedom Outpost

The content of this site has been restored on a non-profit basis to preserve knowledge and serve as a historical archive. All articles were originally published on freedomoutpost.com and belong to their respective authors.

Freedom Outpost was an independent journal published to cover vital public policy issues and offer a public service.

Search in the archive

No Result
View All Result

Latest posts

  • Taking Sides: The Christian's Responsibility in Civic Affairs II
  • EgyptAir MS804 Flight Attendant posted Picture on Facebook of Plane crashing a year before She Died
  • Blue Angels Marine Pilot Capt. Jeff Kuss Could Have Ejected Once He Knew His Plane Was Going To Crash…But He Didn’t
  • Man Jailed After Claiming to be ‘Transgender’ to Assault Women in Shelter
  • Trump: Democrats Against North Korea Summit Just Like They Defend MS-13 & Attack Tax Cuts

InvestorTimes.com

InvestorTimes.com is a privately funded financial publication particularly created for professional and personal investors and intellectually restless individuals.

Our raison d'être is to provide insightful information to any citizen willing to understand global economical markets and the most relevant current affairs.

Contact us: [email protected]

WE ARE LOOKING FOR TALENT

INVESTOR TIMES is always open to the incorporation of talent in its team of journalists and editors. If you would like to be part of our project as a collaborator, we invite you to submit your application.

Contact us: [email protected]

INTERNATIONAL EDITIONS

Investor Times en Français

Investor Times in Deutsch

Investor Times in Italiano

Investor Times em Português

Investor Times po Polsku

Investor Times на русском языке

El País Financiero (edición en Español)

DMCA.com Protection Status

  • ← Back to INVESTOR TIMES
  • Investing Articles
  • Financial Markets News
  • Tech News
  • Cryptocurrencies News

© INVESTOR TIMES

No Result
View All Result


About Freedom Outpost

The content of this site has been restored on a non-profit basis to preserve knowledge and serve as a historical archive. All articles were originally published on freedomoutpost.com and belong to their respective authors.

Freedom Outpost was an independent journal published to cover vital public policy issues and offer a public service.

© INVESTOR TIMES