House Approves Largest Military Pay Raise in Over Two Decades.

TL;DR Summary
The House Armed Services Committee has proposed a 5.2% pay raise for military members in 2024, which would be the biggest pay raise in 22 years. The raise would mean boosts of over $1,500 for most junior enlisted troops and thousands more for higher ranks. The proposal has bipartisan support, with President Joe Biden also recommending a 5.2% raise in his budget proposal earlier this year. The Senate Armed Services Committee is expected to unveil its draft of the annual authorization bill next week.
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