Active-duty personnel costs projected to spike

By artappraiser on Thu, 07/12/2012 - 7:33pm |

By Rick Maze, Army Times, July 12, 2012

The Defense Department’s average costs to maintain a service member on active duty has jumped 50 percent since 2001, to $158,000 per year, with even faster growth predicted in the future, according to a Congressional Budget Office report that looks at long-range implications of the pending 2013 defense budget.

Personnel costs have been climbing at a rate of about $4,000 per person per year since 2001, according to the report released Wednesday by the nonpartisan budget office but are expected to rise by an average of $4,700 a year over the next several years, despite Defense Department efforts to hold down costs [.....]

URL:

http://www.armytimes.com/news/2012/07/military-pay-costs-projected-to-spike-in-coming-years-071212w/