Posted on 12/16/2013 11:37:38 AM PST by SkyPilot
It's time for retired veterans to face cuts as the federal government looks for ways to trim expenditures, Sen. Chuck Schumer said Monday.
"Civilian federal employees have been cut, cut, cut. I think there was a feeling, if you're going to cut them further, which was done, that the military retirees should have about an equal amount. It's small," the New York Democrat told MSNBC's "Morning Joe."
In the budget plan brokered by Wisconsin Republican Rep. Paul Ryan and Washington Democratic Sen. Patty Murray, military service personnel under the age of 62 would take a one percent cut to retirement benefits. The move has drawn fire from military and veterans organizations.
I think (Rep.) Paul Ryan and (Sen.) Patty Murray looked everywhere they could to try and find compromise. Everybody had to take a little," Schumer said.
"They're going to have to pay a tiny, little bit into it, which they never have," he added. But Schumer maintained members of Congress should not be forced to take a pay cut. He said they have already sacrificed, since they have not seen a pay raise "in a long time," and explained most of them are paying more for healthcare insurance.
"We have taken pretty big cuts," he said.
The bill will pass the Senate, Schumer predicted, and said Democrats would "reluctantly vote for it" because they realize the threat of a government shutdown is a "brutal alternative."
The expiration of unemployment benefits in the proposed budget has been a sticking point for some Democrats. Schumer said it would be an issue that would be handled later.
"We'll make a shot at trying to do unemployment insurance separately.
(Excerpt) Read more at newsmax.com ...
The eyes are the window to the soul.
The term "Kapo" you used is very apt.
Schumer is joking, right? Right?
What cuts did chuckie take in HIS retirement plan......
Guess I’m busted:o(
The one percent cut for military pensions is not in the pension itself but in the annual cost of living increase based on inflation. If the inflation rate is 2.5% in a year based on the CPI, retirees under 62 years of age would get a COLA of 1.5 percent. A person retiring from the service after 20 years service will still receive 50% of base pay over the last three years of service. At age 62, retirees would receive the full COLA each year.
how much of a loss in value pensions did Schumer have to take.
When I see these politicians cutting their pay and retirement, AND all their money making schemes, then I’ll believe that they are serious about cutting the budget. You want to cut the budget 50%? Get rid of 3/4 of all these alphabet GOVT. agencies. I will guarantee you, that if these politicians did that, they will get a handle on our burgeouning government
The cheapest sluts of all are the GOP traitors buddying up to the Dems. All the cheap sluts are not only governing against the best interests of the people but also against the will of the people.
They need to be reined in. Big time.
You are added.
Active Duty/Retiree ping.
America demands Justice for the Fallen of Benghazi! |
Thank you... schmucky schumer is the very definition.
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