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Home Front: Politix
Veterans to lose pensions? Again.
2011-08-17
CBS Evening News reported that the Pentagon is studying replacing the GovernmentÂ’s pension plan for veterans with a more common 401(k) plan CBS News investigative journalist Sharyl Atkisson reports that the Pentagon is studying the possible savings of $250 billion over the next 20 years..
It is a distortion to say a 401(k) plan is a pension plan. 401(k)'s and their likes are savings plans only. Military pensions should be the last things to consider for cuts. First, eliminate defined benefit plans for all other members of the federal executive, legislative and judicial branches. None of those members deserve the gold-plated benefits they are scheduled to receive, this is just judging from their past & current performance and lack of same. Cancel unnecessary and harmful federal expenditures, everything from Obamacare, a billion for deadbeat homeloaners, to rabbit inspectors and Dept. of Education SWAT teams before coming to this point. (I am not a veteran.)
Posted by:Anguper Hupomosing9418

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