Pentagon soon to spend more on vets’ benefits than active personnel, study says
Published: June 13, 2012
A new bipartisan study projects that by 2014 the Pentagon will spend more on veterans’ benefits than on active duty servicemembers, according to a story in U.S. News and World Report.
As a decade of war slows down, the Bipartisan Policy Center report expects health care and other retirement benefit costs to pick up speed in a few years.
According to the article, military retirement cost $52.2 billion last year; by 2035, that cost is expected to more than double to $116.9 billion.
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