Monday, October 07, 2002
Chicago Tribune | Bush threatens veto over pension benefit
posted by lazarus |
Wait, that's not the best part. Guess who's pension benefits he's upset about, and doesn't want to pay? Hint: We're on the brink of war.
That's right, veterans. It's such a short piece, I'll post it in full.
WASHINGTON, D.C. -- Alarmed by the cost of expanding military entitlement programs, President Bush has threatened to veto the entire $355 billion defense authorization bill for the new fiscal year if House and Senate conferees do not eliminate new pension benefits for disabled military retirees that could cost $18.5 billion to $58 billion over the next decade.
The Pentagon now spends more than $35 billion a year on military pension and health-care entitlements that are among the most generous in the country for public or private-sector employees.
The pension provision at issue would for the first time allow military retirees to collect retirement benefits from the Pentagon and disability benefits from the Veterans Administration at the same time.
Conferees could decide the issue this week.
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