The Trump Bump: US Military to Get Largest Raise in Nearly 8 Years

Under President Donald Trump, the economy has been booming on the back of regulatory rollbacks and a massive tax overhaul, allowing for the largest pay increase for military members since 2010.

“At the end of December, President Donald Trump, by way of executive order, mandated a 2.4 percent pay hike for uniformed service members and a 1.9 percent raise for federal workers,” Fox News reports.

The Trump administration’s budget initially called for a 2.1 percent increase, but the Senate and House suggested the 2.4 percent increase. The president ultimately heeded their suggestion.

The pay increase kicked in Jan. 1 and is in line with private sector wage growth.

 

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