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McCain Okay With Cutting Military Benefits

According to the Associated Press, Sen. John McCain (R-AZ) sent a letter to the bipartisan budget supercommittee in which he indicated he is open to cost-saving steps in military benefits.

The AP reports that McCain supports President Obama’s proposal to start charging older military retirees a $200 annual enrollment fee for TRICARE for Life. In addition, McCain urged the supercommittee to consider restricting working-age military retirees and their dependents from enrolling in TRICARE Prime. McCain pointed out that the Congressional Budget Office has estimated that such a move would save $111 billion over 10 years.

McCain also said he supports the administration's proposal for a commission to review possible changes to the 20 year military retirement system and the current military pay and compensation model.

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