The recent budget deal, co-brokered by Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA), represents a compromise of sorts; and one of my chief concerns is that it trades increased spending and "user fees" (read: tax increases) now for the mere promise of spending cuts nine or 10 years on down the road.
But another problem I have with it is its insistence upon cuts to the COLAs of retired veterans.
As The Daily Caller
Senate Republicans were unable to stop military pension cuts when Senate Democrats blocked a vote on an amendment to prevent the cuts by closing a welfare loophole for illegal immigrants Tuesday evening.
The two-year budget deal brokered by Senate Budget Committee Chairwoman Patty Murray and House Budget Committee Chairman Paul Ryan, would cut military pensions by $6 billion over ten years, leaving some Senate Republicans scrambling to stop the cuts.
“Removing this unbalanced treatment of our military retirees ought to be one of the key actions we should take before this legislation moves forward. In fact, greater savings than this can be achieved by passing a legislative fix recommended by the Inspector General of the U.S. Treasury that would stop the IRS from improperly providing tax credits to illegal aliens,” Alabama Republican Jeff Sessions said Monday, announcing his co-sponsorship of Mississippi Republican Sen. Roger Wicker’s amendment to restore the military retirement benefits Monday.
Here is a link to the entire article: http://dailycaller.com/2013/12/18/senate-dems-block-amendment-to-restore-veteran-benefits-by-closing-illegal-immigrant-welfare-loophole/