Veterans and Lawmakers Pushing To Prevent Military Benefits Cuts

Lawmakers and veterans groups are stepping up efforts to fight cuts to benefits for military retirees under the bipartisan budget agreement passed by Congress before the holiday break.

President Obama on Thursday put his signature on the two-year budget bill, which includes a contentious provision to pare down annual cost of living increases in benefits for military retirees under age 62, saving the government an estimated $6.3 billion over a decade.

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