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Welcome back to fox -- and -- this.
Shouldn't brave men and women who risk their lives defending our freedom paid -- price.
Four out of control government spending a new study sponsored by the Pentagon says military pensions are unaffordable.
It -- the secretary defense considering cutting that is that fair joining me now is Fox News military analyst colonel David -- -- nice to see this morning.
What do you make of this the current retirement plan we put this up on the screen for our viewers lifetime benefits after twenty plus years of service.
The pension worth half for your base salary no pension if you serve less than twenty years.
Begin collecting these benefits immediately that costs about 55 billion in 2010 the new plan no kernel.
Kind of turns -- on a senior what do you make of it.
I think if Panetta is being serious I think footage I'm hoping He would try to do would scare.
The administration and congress and -- not screwing around.
When the defense budget but if he's serious I think He gets fired and what we don't need just.
It's not just outrageous.
We got -- double that -- on these guys are getting double their pension.
-- that what what it takes for what it has take it was gonna continue to take.
For our country go to war -- volunteers.
I'll get that lots of life and limb and to the times that they.
To families we have a generation.
Of children growing up in -- army and the Marine Corps in the air -- And Intel -- community without fathers and mothers because of this ten year war.
It's outrageous to me talking about it well they'll get paid and not because it adds.
We got sergeant in the army and Marine Corps barely above the poverty line.
And people have the audacity.
To talk about.
Anything anything but increasing a pension or increasing -- salary is ridiculous.
-- so let's put up some specifics on -- you to comment on these these are the plan this would be the -- as you say if if if these changes do come through the Pentagon.
They would get a 401K style plan.
-- with government contributions.
They wouldn't be able to collect this retirement till the age of sixty.
And in those serving less than twenty years would be eligible for benefits estimated savings that would equal about 250 billion over twenty years and some are saying critics who maybe disagree we view saying look we've its belt tightening we need to tighten our belt what do you say -- that.
Yeah but not on the backs of guys.
-- -- -- to talk about belt tightening.
-- that -- stroll in the Walter Reed or Bethesda.
-- -- -- veterans hospital and then come out and talk to me or anybody else about cutting anything but these men and women.
-- -- on the amount of they don't get nearly what there's balls to right now and and to have it during a time of war.
Kind of war with this kind of loss of life and deployment.
To talk about anything but increasing -- benefit is ridiculous.
You'll lose part of your volunteer force.
-- this you know this is not a bank this is not working for GM these are men and women volunteered that give the allies are and and you'll get paid as this.
Colonel do not always great to see here on FOX & Friends thanks so much -- said.
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