DoD Sequestration News

This week in DoD sequestration news

| January 30, 2015

This week saw leaders of the military and the president calling for an end to sequestration, all while waiting for the results of the Military Compensation and Retirement Modernization Commission’s recommendations. The Joint Chiefs of Staff sat before the Senate Armed Services Committee on Wednesday, once again warning Congress about the devastating effects of sequestration, including predictions of what will happen if the automatic budget cuts are fully reinstated in 2016. They focused on losing the trust of their troops, in part due to lack of investment in the servicemembers themselves, which then lead to issues like falling retention rates and sub-par maintenance of equipment. Meanwhile, the White House on Thursday announced that President Obama will call for an end to sequestration in his proposed budget next week.

 

 



College Planning for Your Baby

College planning for your baby

| January 26, 2015

College costs in the United States have skyrocketed in the last 25 years. In Ohio, where I live, the in‐state cost for one year of college at a public university is currently $20‐25,000 for tuition, room, board, and other expenses.

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DoD Sequestration News

This week in DoD sequestration news

| January 23, 2015

The military community is awaiting the Military Compensation and Retirement Modernization Commission’s scheduled release of its report on February 1. In preparation for the anticipated recommendations for cuts in compensation and retirement benefits, let’s take a look at what servicemembers are saying now about cuts related to sequestration and the DoD budget.

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Military families fear end of low-cost healthcare

| January 19, 2015

America’s career servicemembers are increasingly worried that the era of low-cost healthcare for military families may be coming to an end.

The latest results of the First Command Financial Behaviors Index® reveal that 63 percent of middle-class military families (commissioned officers and senior NCOs in pay grades E-6 and above with household incomes of at least $50,000) are concerned that the military’s TRICARE healthcare system may start charging fees for services that they currently receive at no cost.

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DoD Sequestration News

This week in DoD sequestration news

| January 16, 2015

This week the Military Family Advisory Network released a survey that was developed to understand which programs military families like and depend on, and to identify gaps between military family needs and resources offered.

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Transitioning to Civilian Career

Transitioning from military service and seeking employment: Job search tips

| January 12, 2015

Transitioning out of the military is an anxious time and adding a job search on top of the transition can be overwhelming.  Searching for employment is a full time job in itself, but the key is preparation, persistence and a positive attitude.

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DoD Sequestration News

This week in DoD sequestration news

| January 9, 2015

A majority of America’s career servicemembers think it’s time for Congress to repeal the military spending caps they enacted in 2011 under sequestration.

The latest results of the First Command Financial Behaviors Index® reveal that 76 percent of middle-class military families (commissioned officers and senior NCOs in pay grades E-6 and above with household incomes of at least $50,000) believe Congress should reverse the military spending caps.

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DoD Sequestration News

This week in DoD sequestration news

| January 2, 2015

In a series of articles published this past week and a half, the Military Times family of newspapers has focused on what servicemembers have to look forward to in 2015. Several of these articles focus on drawdowns, specifically in the Army and Marine Corps.

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#MilFams Financial New Years Resolutions

Military families’ top financial New Year’s resolutions for 2015

| January 1, 2015

Members of America’s career military are responding to another year of uncertainty over defense downsizing and proposed cuts to their military compensation with a set of frugal New Year’s resolutions.

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DoD Sequestration News

This week in DoD sequestration news

| December 19, 2014

This week the Beyond the Beltway Insights Initiative released a study on American voters’ views on several topics including Congress, the economy and sequestration. The survey asked for respondents’ views for and against lifting the budget caps put in place as a result of sequestration.

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