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The 2014 Army Pay Chart
President Obama and the White House are requesting that lawmakers cap the 2014 Military pay raise at 1 percent. This cap should save the Government money and reduce defense expenditures. While the idea sounds good, it isn’t full supported by the Armed Services Committee, according to aides who spoke anonymously.
Over the past 11 years the committee has been very generous to the Military. They were directly responsible for the pay raises which outpaced wage growth in the private sector. Between 2000 and 2010 the committee found money to pay for military pay raises, that were a half-percent higher than the private sector. This cost the government an approximately $360 million per year. In order for Soldiers to receive a raise that matches the private sector, the committee would need to find approximately $600 million. Considering the current challenges that Congress is facing, that may prove a bridge to far at this point.
See below for the 2014 Army Pay Chart: