Walnut farmer Leon Panetta wants our troops to take a pay cut
It ain’t easy being Defense Secretary for a few more days for Leon Panetta. The same chump who jetted back and forth from California to DC at an estimated cost of least $860,000 to tax payers wants those in the military to take paycuts. This comes on the heals of Obama raising federal officials pay.
Just days before he leaves office, Defense Secretary Leon Panetta is recommending military pay be limited, effectively decreasing troop salaries next year.
Panetta will recommend to Congress that military salaries be limited to a 1% increase in 2014. The Pentagon has calculated that the Labor Department’s 2014 Employment Cost Index is expected to be above 1% but wants to still cut back on pay because of “budget uncertainties,” a department official told CNN. In 2013, a 1.7% increase was approved, based on the index, which has been the basis for military pay for the last several years.
Three Pentagon officials have confirmed details of the plan to CNN. The Joint Chiefs of Staff have also agreed to Panetta’s proposed pay plan. Final approval for the pay would come from Congress in the form of the 2014 budget.