April 25, 2024

GAO Critical of How F-35 Spare Parts Are Tracked

F-35

A Government Accountability Office report reveals that more than 1 million F-35 fighter jet spare parts worth at least $85 million have gone missing over at least the past five years since the government does not have a system to track the parts.

More Tax Relief for MD Military Retirees?

Tax Relief

Maryland Gov. Wes Moore testified last week in support of a bill that would give the state’s military retirees a larger tax break. The tax exemption set would save Maryland veterans an estimated $30 million annually beginning in tax year 2024, according to the governor’s office.

Congress Backs Big Military Pay Raise – But Not Medical Job Cuts

military raise

House lawmakers follow Senate recommendations and back a 3.1 percent military pay raise, the largest in a decade. The recommendations also block plans to cut 18,000 defense medical jobs.