A new report by a liberal-leaning think tank recommends a dramatic overhaul of military pay, retirement and health care benefits as part of a $1 trillion cut in defense spending over 10 years.
The Center for American Progress calls for capping pay raises, eliminating military health benefits for many retirees who are covered by an employer-provided plan, and reducing the value of military retired pay as well as making retirees wait until age 60 to start receiving it.
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