2012 Military Pay Raise or Pay Freeze?

The president’s 2012 bud­get request includes a pro­posal for a 1.6% mil­i­tary pay raise for 2012. While larger than last year’s mil­i­tary pay increase, the 2012 pro­posed mil­i­tary pay increase is the sec­ond small­est since 1962 and given the cur­rent bud­get envi­ron­ment many sus­pect that con­gress is con­sid­er­ing a freeze.
As reported here, a recent Con­gres­sional Bud­get Office report says that mil­i­tary pay is higher than most fed­eral employ­ees, and Rep. Steny Hoyer (D-MD) has sig­naled a desire to freeze mil­i­tary salaries at the 2011 rate.
Check out the 2012 pro­posed mil­i­tary pay charts to see what a 1.6% raise would mean to your mil­i­tary pay­check.