Feeling the Christmas spirit, the Biden White House is announcing they’ll be cutting the military stipend for nearly 50,000 troops living in pricey areas.
According to Fox News:
The Department of Defense announced that troops in 15 metropolitan areas and 21 non-metropolitan counties in the continental United States will be cut off from a cost-of-living allowance starting Jan. 1.
The change will lead to approximately 48,000 troops missing out on the Continental United States Cost-of-Living Allowance (CONUS COLA), according to Stars and Stripes.
The COLA rate is based on information gathered by a contractor, which analyzes cost of transportation, goods and services, federal income taxes, sales taxes, and miscellaneous expenses, according to the DoD.
A location becomes eligible for COLA when non-housing costs exceed 8% above the national average.
Before being cut to 6,000 remaining recipients, the Pentagon allocated $8.5 million for the stipend. The cuts come as Biden signs a $768 billion defense bill into law.
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