Lawmaker Trying to Nearly Triple ‘Inflation Bonuses’ in Exchange for Missile Funding Cuts – By Rebecca Kheel (Military.com) / July 8, 2022
Bonuses service members could get to help cope with inflation would be nearly tripled under a proposal from a progessive House Democrat that would pay for the increase by cutting missile funding.
Under the version of the sweeping annual defense policy bill known as the National Defense Authorization Act, or NDAA, being considered by the House, service members making less than $45,000 annually would get a 2.4% bonus in 2023 to help offset strains from inflation.
An amendment proposed by Rep. Jamaal Bowman, D-N.Y., would increase those bonuses to 6.6%, according to a copy of the text obtained by Military.com. An earlier version of the amendment available on the House Rules Committee website did not specify a new rate for the bonuses.
