Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA). The deal increases discretionary domestic spending to over $1 trillion a year, by eliminating most the the sequester cuts. The deal pays for the spending hike through increased user fees and spending cuts, half of which occur a decade from now. One of the near-term spending cuts, however, is to reduce pension benefits for current veterans and active-duty military.

The Ryan-Murray budget deal hikes federal spending by $65 billion over the next two years. This spending is "paid for" by an increase in user fees, budget cuts in 2022 and 2023 and small reductions in current spending. One of these reductions is in pension benefits to veterans younger than 62. The budget deal would reduce the yearly cost-of-living adjustments for these military veterans. It would even impact those veterans who were forced to retire due to injuries sustained in the service of our country. As my colleague Matt Boyle reported,House GOP leaders knew that the pension changes would impact vets.