.

Report: Fiscal Cliff Means Major Cutbacks for Military Families

Washington D.C.'s impasse could mean severe cuts to the defense budget and programs military families rely on, according to the National Military Family Association.

 

By Daniel Woolfolk

If President Barack Obama and Congress don't reach a compromise to avoid the so-called "fiscal cliff," the military could see even more severe cuts to its budget.

In fact, the Department of Defense could face $600 billion in cuts in the next decade, according to the nonprofit National Military Family Association.

The cuts could affect family programs, health care, housing and more. Military contractors are also bracing for cuts, Politico reported.

However, some items—such as pay, military retirement pay, and TRICARE for Life—cannot be cut, the NMFA report added.

For more details, read the association’s report, The View from the Ledge: The Fiscal Cliff and How it Affects Military Families.

wyatt December 31, 2012 at 02:01 PM
Since Obama is Commander in Chief of the Military, does this mean that his wife's, tax payer funded, multi-million dollar vacations and shopping trips will be cut also?

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »