Military Compensation Savings About 10 Percent of Cuts

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Defense Secretary Chuck Hagel’s proposed reductions in military compensation, such as housing allowances, amount to only about 10 percent of cuts being sought over the next five years, the No. 2 U.S. military official said.

“These savings are gradual, measured and fair,” Admiral James Winnefeld, the vice chairman of the Joint Chiefs of Staff, said today at Bloomberg Government’s Defense Transformation conference in Washington.