A U.S.M.C. retiree from Korea salutes during veterans day 2013.
On January 10, 2014 Rep. Cheri Bustos of Illinois asked for and was granted permission to address the United States House of Representatives for one minute regarding closing unfair corporate tax loophole for corporations to hide money .
“Mr. Speaker, during my first year in office, I have made it a priority to put politics aside and focus on working with both Democrats and Republicans. My goal is to find commonsense solutions that benefit the people of my region of Illinois. I was encouraged to see both parties come together last month to pass a bipartisan deal that prevented another government shutdown, eased the harmful impact of sequestration, and protected Illinois jobs and the economy.”
“Compromises are rarely perfect. This budget is no different. It is not perfect. That is why I helped to introduce the Military Retirement Restoration Act. It would repeal the military retiree cost-of-living adjustments included in the budget deal. This bill is fully paid for and would repeal those costs to military retirees by closing unfair tax loopholes for offshore corporations”, she said.
“As someone who will always honor and support those who have given their lives in service to our country, I will continue to oppose proposals that aim to balance our budget on the backs of the brave men and women who have served us. I urge Democrats and Republicans to join me in supporting this commonsense effort to ensure our military retirees get the benefits that they have earned and deserve”, said Rep. Bustos (source: Congressional Record http://thomas.loc.gov).
Congresswoman Cheri Bustos currently serves on the following committees and subcommittee: Transportation and Infrastructure – Subcommittee on Highways and Transit, Subcommittee on Aviation. Committee on Agriculture Subcommittee on General Farm Commodities and Risk Management, Subcommittee on Livestock, Rural Development, and Credit.
See related article: Military concerned about cuts http://kdhnews.com/military/military-retirees-concerned-about-cuts/article_c6ca5656-3eb7-11e3-abfe-001a4bcf6878.html
See also article: Military may lose double dip retirement http://www.outsidethebeltway.com/military-retirees-may-lose-double-dip-retirement/