Military BEWARE: Romney’s BIG Economic Plan? CUTTING MILITARY PAY AND BENEFITS

[Segami]

In the classic GOP maneuver of pitting the 99% against itself, Mitt Romney might be taking a page out of Wisconsin’s playbook by focusing on what he calls overpaid government employees.



Don't say you weren't warned about the Republican Trojan Horse Agenda.



From USA Today:

" Mitt Romney’s spending plan includes a pledge to “align federal employee compensation with the private sector,” and it cites studies showing that “federal compensation exceeds private sector levels by as much as 30 to 40 percent when benefits are taken into account. This must be corrected.”

As far as President Obama’s campaign is concerned, that means Romney is talking about a federal pay cut of up to 40%.

“To pay for tax cuts for millionaires and billionaires, (Romney) drastically cuts pay for the men and women who secure our borders and skies, enforce our laws, inspect our food and search for better treatments and cures,” said Obama spokesman Adam Fetcher.


http://content.usatoday.com/communities/theoval/post/2012/07/obama-team-romney-wants-major-federal-pay-cut/1#.UBK6h6nWT09

Do federal employees really earn up to 40% more than the private sector?



The short answer is yes. According to the Congressional Budget Office, federal employees average only about 2% more in actual pay, but they have better benefits, about 48% better on average.

The wage and benefits discrepancies are not across the board, however. Both wages and benefits are significantly better for those without a college education who choose a life in civil service. For those with graduate degrees, they are taking a cut in benefits, when compared to the private sector.


Here’s the chart:






Who are these federal employees?


For Romney to implement this plan with any significant savings, it would mean that much of that money would be coming out of the pockets of those serving in the military.


The vast majority (63%) are employed by the Department of Defense. The second largest agency is the post office, at just 15%. Of the 3.2 million DOD employees, nearly half are active duty military personnel.


The implementation of Romney’s plan would be especially hard on military personnel and their families. It would also have a lasting negative impact on the military’s ability to recruit. Benefit cuts to military personnel would presumably include cuts to the GI Bill, a program which helps veterans obtain an education, making them more valuable to the workforce.





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http://www.addictinginfo.org/2012/07/27/romneys-big-economic-plan-cutting-military-pay-and-benefits/

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