Monday, May 31, 2021

Biden budget: 2.7% mil.civ raises

The Biden Administration’s first-ever budget request to Congress, for FY 2022, released last Friday. includes a 2.7 percent pay raise for both military service members and civilian federal government employees. The administration is request $715B in funding for the Defense Department, a 1.6 percent increase over FY-21. The proposed budget would also include an average a 3.1 percent increase in servicemembers’ Basic Housing Allowance (BAH), and an average 2.3 percent increase in basic allowance for subsistence payments. The proposed raises would be lower than the 3 percent pay raise enacted for FY-21. If approved, the 2.7 percent raise would mean $183 a month for a major with more than six years of service, and about $105 a month for an E-6 with more than eight years. The Pentagon is budgeting $42.1B as part of the regular budget for "Direct War and Enduring Operations" costs. The request includes more than $500M for COVID-fighting; and $617M in new investments for bases to prepare for climate change. The Navy's budget would grow by 2.2 percent (to $211.7B). The Air Force's would get almost double that, growing 4.3 percent (to $212.7B). Army’s budget is reduced by 1 percent (to $172.7B); and other DoD organizations would also lose $597M in funding. (Source: Military.com 05/31/21)  ADDIONALLY: Biden budget request outlined (Source: Reuters 05/31/21) Money is cheap, let's spend it - White House $6 trillion budget message | Reuters

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