The amount of a pay raise that the United States military is forecasted to receive next year is a smaller bump that doesn’t cover the price hikes caused by skyrocketing inflation rates throughout the United States.
Because of #Bidenflation, the men and women defending our nation are seeing their real wages go down.https://t.co/YLTeHZ5Nl3
— Ronna McDaniel (@GOPChairwoman) December 29, 2021
Given how Congress operates, they’ll need to pass an appropriations bill to authorize the spending dictated in the 2022 NDAA.
The article goes on to state the following:
“It addresses a broad range of pressing issues, from strategic competition with China and Russia, to disruptive technologies like hypersonics, AI and quantum computing,” Democrat Senator Jack Reed of Rhode Island said in a statement.
A report from Stars and Stripes estimates that 48,000 service members will be cut from a “cost-of-living stipend” that accounts for goods and services, transportation, and various tax expenditures.
When it comes to the upcoming years 2022 and 2023, the situation might change because the cost of pay raises for troops is calculated by the Employment Cost Index. If a percentage of 4.6 or 4.7 manages to maintain course, it’d be what President Joe Biden uses in the 2023 budget.
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