CBS's O'Donnell Slams Paul Ryan For 'Cut' in Veterans' Benefits

Matthew Balan | December 12, 2013
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Norah O'Donnell unsurprisingly took aim at Rep. Paul Ryan on the 12 December 2013 edition of CBS This Morning over part of his bipartisan budget proposal that he presented with Democratic Senator Patty Murray: "Military members want to know why you asked them to take a cut, in terms of cost [of] living increases...the men and women in this country, who fight and die for this country, want to know why they should not get a cost of living increase like they have in the past."

The Wisconsin Republican replied by pointing out that the Defense Department had asked for this reduction, and veterans would get an increase later in life:

REP. PAUL RYAN, (R), HOUSE BUDGET CMTE. CHAIRMAN: This is a reform that was asked for us by the defense folks – by DOD and people in the defense community – because this is a part of their budget that is squeezing so – all the readiness; all the things that they want to buy. So, it's a problem that the Pentagon has with their budget, and it's only for young retirees who are in working age.

What happens is after you put 20 years in – typically, you go get another career, and your pension supplements that. So, before you're 62, your inflation update won't be as high as after you're 62. And when you turn 62, you'll get a catch-up provision. So, this reflects the reality of the fact that a lot of people who are pre-retirement age – but have already retired – are doing two jobs. But more importantly, Norah, this frees up more money for the Pentagon, so that we can meet our readiness needs.