House lawmakers have advanced plans to give junior enlisted troops targeted pay raises as soon as next year, but Pentagon officials are not backing the idea. (Elise Amendola/AP) Defense Department ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. In a push by Senate Armed Services Committee Chairman Jack Reed, plans ...

Defense Secretary Pete Hegseth said he supports the Richard Star Act to give medically retired veterans full compensation.

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As the government shutdown drags on, President Trump's promise of military pay raises is also stalled until an agreement is reached. Even as Trump celebrated the 250th birthday of the U.S. Navy on ...

President Trump's fiscal 2027 budget proposal, released Friday morning, would freeze federal civilian employees' pay in 2027, all while granting a sizeable raise for members of the armed services. An ...

The White House is threatening to veto House Republican legislation that would give the military's junior enlisted troops a 30% raise next year. "If the president were presented with H.R. 4365, he ...

Editor's note: This is the first installment of New Year, New You, a weeklong look at your financial health headed into 2025. Many U.S. military service members anticipate significant increases to ...