The Senate is poised to approve legislation reversing an estimated $6 billion in cuts to military retirees' pensions that had been a provision of the December budget deal Sen. Patty Murray, (D-Wash.), and Rep. Paul Ryan, (R-Wis.), negotiated."We are cautiously optimistic that things are headed in the right direction and that a bipartisan solution will be found to right this wrong," said retired Colonel Mike Barron, deputy director of government relations at MOAA, a non-profit focused on military advocacy.The bill, written by Senator Mark Pryor, (D-Ark.), is currently going through the Senate after the House passed it, 326-90.Senate Majority Leader Harry Reid, (D-Nev.), is optimistic that the measure will pass."We are going to pass it today or tomorrow," he said on Tuesday.The controversy over the cut, which would reduce cost-of-living adjustments (COLAs) by 1% for military retirees with at least 20 years of service, has been brewing since the budget deal passed almost two months ago.Ve...
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