IPFS News Link • Military Industrial Complex
Military Retirement on the Chopping Block?
• MOAAOutgoing Defense Secretary Robert Gates and incoming Secretary Leon Panetta joined a growing chorus of leading voices calling for cuts in the military retirement system to address budget shortfalls (see details in the article below).
Far less severe military retirement cuts of the 1980s had to be repealed after they undermined career retention.
[But cutting retirement and medical support for the troops will allow continued massive spending for nuclear powered subs, aircraft carriers, and stealth bombers, all critically needed by the MIC.]
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