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Superlatives in the FY24 budget request won’t cut it for US forces
Congress will have to bail out the military again and pay the full costs of inflation.
By Mackenzie Eaglen
Latest "inflation" stories
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Veterans, retirees get 8.7% Social Security cost-of-living boost
The move will directly affect about 65 million Americans receiving Social Security benefits.
Social Security may see biggest cost of living adjustment in 4 decades
Coupled with a decline in the Medicare Part B premium, the Social Security COLA will put more money in the hands of the 70 million Americans.
By Fatima Hussein
Smaller firms at Army trade show say they’re hard-hit by market shocks
Defense firms are grappling with the economic fallout from the pandemic, but small businesses say their pain is acute.
Multiyear contracts could solve plenty of Pentagon problems
Predictable dollars beget stability and multiyear procurement contracts should be the vehicle for it.
By Mackenzie Eaglen and Bill Greenwalt