Military and Defense

Inflation Crisis So Bad Pentagon Had to Issue Warning

Pentagon officials warned that the surge in prices has caused issues for U.S. troops and their families.

Defense Secretary Lloyd Austin referred to rising inflation as a “readiness issue” at a press conference Wednesday where he announced a new program to assist military families to cope with the surging prices. Included in the program are housing allowances and food security assistance.

“This is a readiness issue, and that’s why I am focused on making sure that our service members and our families have what they need to thrive,” Austin said during the press conference.

The housing allowances and other programs “won’t solve all the economic worries that our military families face, but they are important steps and we’re committed to getting this right,” Austin said. It is unclear how much money will be directed to the new programs and where the funding will come from.

“Men and women in uniform and their families have enough to worry about. Basic necessities, like food and housing, shouldn’t be among them,” Austin said.

The Pentagon will increase the allowance for homes in areas that experienced a 10% jump in rental costs during the last year, Austin said. Reimbursements for lodging expenses for military families will also be extended to allow more time to search for a home in places where housing shortages exist.

The department will create an additional program to connect struggling military members with services to assist with housing issues and food insecurity, Austin said.

Prices have surged throughout the country, with the Consumer Price Index surging to a 30 year high, growing 0.9% in October and reaching a year-over-year level of 6.2%.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Harry Wilmerding

Share
Published by
Harry Wilmerding

Recent Posts

A Dumb Fight Dumbly Fought By Democrats

Democrats Lost the Shutdown Fight, Exposing Their Real Priorities After 41 days, enough Senate Democrats…

3 hours ago

Biden-Appointed Judge Frees Hundreds Of Migrants Rounded Up In Illinois Operation

A federal judge has ordered the release of more than 600 individuals detained during the…

3 hours ago

Whistleblowers Way Ahead Of Trump’s DOJ On Telling Us About Scandal ‘Bigger Than Watergate’

Frustration is growing on Capitol Hill that whistleblowers are releasing more information than the administration…

3 hours ago

Trump Admin To Make Big Oil Buy In Bid To Refill Reserves Biden Drained

The Department of Energy (DOE) announced Wednesday that it advanced a plan to acquire one…

3 hours ago

Guess Where The Money, That The Anti-Capitalist Zorhan Mamdani Says He Needs To Run New York City, Will Come From: Capitalism!

Following Zorhan Mamdani’s election to be mayor of New York City, he sent out a…

3 hours ago

On Obamacare, We Conservatives Were Right All Along

With this week’s Senate agreement – in which eight Senate Democrats traded their votes to…

3 hours ago