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Another pay increase of 4.5% was given to military members as part of the 2025 National Defense Authorization Act. Earlier this year, a pay raise of 5.2% on average was given to federal employees ...
On May 22, the House Armed Services Committee approved its version of the 2025 National Defense Authorization Act, by a 57–1 vote. [6] As passed by the Committee, the bill included the Pentagon's controversial "Legislative Proposal 480", transferring Air National Guard space units to the Space Force; however, the Committee accepted an amendment proposed by Joe Wilson (R‑SC), watering down ...
The pay raise comes along with the Pentagon's higher tax-free housing allowance. Basic Allowance for Housing rates will increase an average of 5.4% when the new rates take effect on Jan. 1, 2025.
(January 2025) (Learn how and when to remove this message) Republicans vigorously opposed the anti-extremism working group created by Secretary of Defense Lloyd Austin . That working group had been created by Austin after it became apparent that some service members and veterans had participated in the attack on the US Capitol January 6, 2021 .
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
Below is a collection of 10 charts that tell the story of market and economic resiliency in 2024 — with all eyes set on 2025. ... two more times in 2025. In September, officials had projected ...
In December 2007, the President's Pay Agent reported that an average locality pay adjustment of 36.89% would be required to reach the target set by FEPCA (to close the computed pay gap between federal and non-federal pay to a disparity of 5%). By comparison, in calendar year 2007, the average locality pay adjustment actually authorized was 16.88%.
Pay growth 2021-2022: 9.87%. Job growth: 179,500 vacancies annually. Why pay is expected to increase: Demand for software engineers and developers is projected to increase by 25% over the next decade.