Secretary of Defense Lloyd Austin announced a series of policy changes to help military service members and their families deal with rising housing, food and childcare costs amid high inflation.
While President Joe Biden’s proposed budget for the Department of Defense includes a 4.6% pay increase for military service members starting January 1, 2023, the current annual consumer inflation rate in the US stands at 8.3%.
Many of the policy changes Austin announced will go into effect in October. They include changes to housing allowances for active-duty service members, changes to policies around permanent change of station moves service members are required to make
This story was originally published on CNN.com. To read the rest of this news worthy story, please visit https://www.cnn.com/2022/09/22/politics/military-family-policies/index.html.
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