CBO examines the implications of adjusting military basic pay with an alternative wage index and adjusting all components of regular cash pay with the employment cost index.
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Alternative Approaches to Adjusting Military Cash Pay

CBO examines the implications of adjusting military basic pay with an alternative wage index and adjusting all components of regular cash pay with the employment cost index.

    

Monthly Budget Review: August 2021

The federal budget deficit was $2.7 trillion in the first 11 months of fiscal year 2021, CBO estimates—$295 billion less than the deficit during the same period last year.

    

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