Senate GOP fails in final bid to restore military pension cuts to budget billA final effort by Senate Republicans to halt cuts to pensions of military retirees failed late Tuesday, after Democrats blocked an amendment to the controversial budget bill.
The two-year budget agreement, which cleared a key test vote earlier in the day, was expected to get a final vote no later than Wednesday.
A provision in the already House-passed bill would cut retirement benefits for military retirees by $6 billion over 10 years.
Sessions wanted to instead eliminate an estimated $4.2 billion in spending by reining in an IRS credit that illegal immigrants have claimed.
Disabled Military Retirees Not Exempt from Pension Cuts in Budget Deal
A provision cutting the pensions of military retirees in the bipartisan budget deal that the Senate will vote on this week does not exempt disabled veterans, the Washington Free Beacon has learned.
Disabled retirees were previously thought to be exempt from the changes to military retiree pay, which could cost servicemembers up to $124,000 over a 20-year period.
The Free Beacon previously reported that military retirees under the age of 62 would receive 1 percentage point less in their annual cost-of-living adjustment (COLA) in the plan crafted by House Budget Committee Chairman Paul Ryan (R., Wis.) and Senate Budget Committee Chairman Patty Murray (D., Wash.).