jump to example.com
newsletter linked in

Warner, Kaine introduce bill to address military retirement benefits issue

U.S. Sens. Mark Warner and Tim Kaine have introduced an amendment to emergency unemployment legislation that would repeal and replace the $6 billion cut to military pensions included in the Bipartisan Budget Act.

congressThe amendment mirrors the Military Retirement Restoration Act introduced by the Senators in December that would replace the reductions in cost-of-living adjustments (COLA) for military retirees with new legislation that could raise as much as $6.6 billion over ten years by preventing companies from avoiding paying U.S. taxes.

“Our service men and women deserve much better than seeing their pensions arbitrarily cut by lawmakers in Washington,” Sen. Warner said. “No American soldier should have to fight for their rightfully-earned benefits. I am proud to introduce this legislation today, and I promise to continue using every tool I can to fight pension cuts that unfairly single out Virginia military families.”

“Military families in Virginia and across the country deserve peace of mind that these unfair COLA cuts will be undone well before they are set to take effect in December 2015,” said Kaine. “That’s why I’m proud to introduce this amendment and will continue to pursue every path to reversing this provision – both legislatively, as well as through my role on the Armed Services Committee.”

Currently, companies that are incorporated offshore but managed and controlled from the united states can claim foreign status which helps them avoid paying U.S. taxes. This amendment would eliminate the tax loophole that allows those corporations to avoid paying their fair share of taxes.

 
Top Stories
a

ACLU sides with McAuliffe in restoration of voting rights lawsuit

The ACLU has sided with Gov. Terry McAuliffe in a lawsuit to try to block the restoration of voting rights to 206,000 individuals convicted of a felony.

Supreme Court strikes down restrictive Texas abortion law

The U.S. Supreme Court has struck down a 2013 Texas law that had put rigid restrictions on abortion clinics.

One dead in DUI on Interstate 81 in Augusta County

Virginia State Police J.S. Martin is investigating a fatal two-vehicle crash in Augusta County. The crash occurred Sunday at 4:55 a.m., on Interstate 81 near the 215 mile marker.

Supreme Court overturns Bob McDonnell corruption convictions

The U.S. Supreme Court unanimously overturned the convictions of former Virginia Gov. Bob McDonnell on corruption charges, ruling that prosecutors had too broadly defined the scope of the case.

Gas prices leveling off in Virginia, Mid-Atlantic

Across the Mid-Atlantic region, gas prices have leveled off and many areas are seeing prices up to four cents less than this same date last week.

Lessons from the Brexit: Hillary, pay attention

Hillary Clinton and her team might want to pay heed to the fallout from the historic Brexit vote in the UK, at their own peril if they don’t.

You Don’t Stand Alone: Video series highlights substance abuse prevention message

Greater Augusta Prevention Partners has a message to those dealing with substance abuse problems: you don’t stand alone.

KISS to honor hometown military heroes during tour stop in Richmond

KISS will salute members of the National Guard and Reserve forces in over 30 U.S. cities during their 2016 ‘KISS: Freedom to Rock’ tour.

Free Nelson highlights Dominion donation to Democratic Party

The anti-pipeline group Free Nelson is highlighting a $100,000 political contribution from Dominion to the Democratic Party of Virginia.

Merv Wooten Invitational registration under way

The 2016 Merv Wooten Invitational, brought to you by Weaver Insurance & Financial Advisors and Bowman Family Dentistry, is set for Friday, July 8.

 
Discussion
 
Recent News

AFP Business

AFP: The Magazine

In 2015, Augusta Free Press brought back our print magazine under a new name, Augusta Free Press: The Magazine.
.
 

Advertise on AFP

Get information on AFP readership and advertising online with us.
.
 

AFP Classes

Augusta Free Press offers a series classes on website design, marketing strategy, social media, event planning and more.
.
 

AFP Web Design

Get your business online for as little as $1,299. We take care of all facets of web design – visual design, layout design and content development.
.
 

AFP Graphic Design

Whether you need a fresh business card design, rack card, ad, flyer or full magazine design, we can help with all your graphic-design needs.
.

AFP Marketing/PR

Augusta Free Press manages advertising campaigns for small- and medium-sized businesses across Virginia. You don’t need to hire a full-time marketing coordinator. Bring the experience of the Augusta Free Press team to work for you – for a fraction of the cost.
.
 

AFP Search Engine Optimization

The prettiest website in the world is like a tree falling in the forest with no one there to hear it. If your website hasn’t been search engine optimized, no one is going to see it or hear it – and it’s not going to work for you.

 

AFP Video/Audio

Web videos, TV and radio commercials, DVDs – Augusta Free Press LLC has you covered when it comes to video and audio production.
.
 

AFP Book Publishing

Augusta Free Press Publishing has produced books in-house and assisted more than 17 authors with book publishing and production services since 2003. Whether you need a cover, layout, or need help from start to finish, we are here to help!
.