"Maggot Obama" Cuts Military Pensions, Exempts ObamaCare Subsidies

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(Investors Business Daily)
ObamaCare: The administration plans to cut the military pensions of those who served their country while giving public employees a break by exempting their ObamaCare subsidies from sequestration.
On the heels of announcing that Army troop levels will be cut below pre-World War II levels, the Military Times has reported that the Obama administration is planning to reduce military pension costs by 10% by converting part of their retirement to 401(k)-like defined-contribution plans from defined-benefit plans.
What makes this interesting is that it affects military retirees and members of the military who are non-union and therefore can't strike or engage in collective bargaining. Public-sector union employees will retain their defined-benefit plans.

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