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Nothing sends chills down the spines of senior military leaders quite like the words "continuing resolution."
While Congress and the White House continue battling over a seemingly-endless stream of drama, Washington is watching the clock tick down to Nov. 21 when government funding from the current continuing resolution signed in late September runs out.
And for the Army, a continued delay in funding doesn't just throw a wrench in the wheel — it knocks the wheel completely off and sets it on fire.
Military retirees, those who receive disability or other benefits from the Department of Veterans Affairs, federal retirees and social security recipients will see a 1.6% increase in their monthly checks for 2020.
The annual Cost Of Living Allowance (COLA) is smaller than the 2.8% increase from last year but in line with the historical increases seen over the last ten years. Each year military retirement pay, Survivor Benefit Plan Annuities, VA Compensation and Pensions, and Social Security benefits are adjusted for the rate of inflation.
The Department of Veterans Affairs refunded $400 million dollars to vets due to mistaken home loan funding fees, the VA announced on Tuesday.
The refunds were the result of a "multi-year internal review of millions of VA-backed home loans spanning almost two decades," the department said in a statement.
A former Pentagon official claims he was forced out of his job for trying to stop defense industry from gouging taxpayers for millions of dollars, Martin de Bourmont and Sharon Weinberger of Yahoo News first reported on Tuesday.
Former Defense Department contract negotiator Shay Assad said he decided in October 2018 that he would retire after he was blamed for the Pentagon's failed effort to pay defense companies less money to cover large costs that they incur at the start of their contracts, according to Yahoo News.
The Defense Department decided on Oct. 26 to transfer Assad to a new position within the Defense Contract Management Agency, according to a memo viewed by Task & Purpose. He retained the same pay and his status in the civilian promotion system.
A 94-year-old Air Force veteran from Oregon almost threw away his change to be a millionaire.
William Bowker plays the lottery often, but when his granddaughter checked his latest lottery ticket, she thought it was for the Mega Millions jackpot instead of Megabucks.
He decided to double check the ticket, and it paid off — literally.
The Pentagon failed to spend an eye-popping $27.7 billion of the funds it was allocated over five fiscal years – and President Donald Trump intends to give the U.S. military even more taxpayer cash to play with next year.