Congress votes to repeal military pension cuts

By Susan Cornwell WASHINGTON (Reuters) – Democrats and Republicans in the U.S. Congress joined together on Wednesday to reverse a cut in pensions for working-age military retirees, as lawmakers yielded to election-year pressure to scrap a deficit reduction measure they approved only two months ago. Final action came when the Senate voted 95-3 in favor of a measure that had been overwhelmingly embraced by the House a day earlier. The cut in military pensions was approved in December in a bipartisan House-Senate deal that replaced two years’ worth of automatic, across-the-board spending cuts known as the sequester with more targeted savings. The pension cuts would have affected 750,000 military veterans, although many have other jobs.

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