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Tags: us military | inflation | ted budd | ndaa

Proposal Would Match Service Member Pay to Inflation

Proposal Would Match Service Member Pay to Inflation
U.S. Army Col. Scott D. Wilkinson delivers a message to members of the 2nd Brigade Combat Team of the 101st Airborne Division prior to their departure for Europe on July 6, in Fort Campbell, Kentucky. (Brett Carlsen/Getty Images)

By    |   Friday, 08 July 2022 04:08 PM EDT

An amendment to the National Defense Authorization Act to be introduced by Rep. Ted Budd, R-N.C., would increase service member pay at a rate that matches the inflation rate.

The 2023 NDAA includes a provision to raise troop pay by 4.6%, and Rep. Jared Golden, D-Maine, added an amendment to raise this increase by 2.4% for service members with low income. However, even combined these increases would not match the 8.6% inflation rate as measured by the Consumer Price Index for May. Budd's amendment would increase the bonus provided by Golden's by 1.6% in order to match the inflation rate.

"Congress should not stand by while Joe Biden's inflation eats away at the pay of our service members. My amendment ensures that the pay raise for our troops covers the increased prices at the grocery store and at the pump," Budd told the Daily Caller, which received the amendment prior to its introduction on Friday afternoon.

Golden said last month, in a statement released with his proposed amendment, that "the Department of Defense today must counter growing threats the world over, and those threats are only becoming more complex. This amendment provides the additional resources required to confront these challenges and to address rising costs due to the inflation being felt across the armed forces."

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Politics
An amendment to the National Defense Authorization Act to be introduced by Rep. Ted Budd, R-N.C., would increase service member pay at a rate that matches the inflation rate.
us military, inflation, ted budd, ndaa
216
2022-08-08
Friday, 08 July 2022 04:08 PM
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