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As of October 1, 2009, the per diem rate is $59 per day, and they may deduct 80% of this amount from their taxable income. [ 13 ] Due to the large number of away games and associated travel days in American sports, per diem rates are often major components in collective bargaining agreements between leagues and their players' unions.
Temporary duty travel (TDY), also sometimes referred to as Temporary Additional Duty (TAD) in the US Navy and US Marine Corps, is a duty status designation reflecting a US Government Employee's official travel or assignment at a location other than the employee's permanent duty station.
The fiscal year 2010 president's budget request for a 2.9% military pay raise was consistent with this formula. However, Congress, in fiscal years 2004, 2005, 2006, 2008, and 2009 approved the pay raise as the ECI increase plus 0.5%. The 2007 pay raise was equal to the ECI. A military pay raise larger than the permanent formula is not uncommon.
The Per Diem Committee in the Defense Finance Accounting Service monitors the exchange rates between local currency and US currency throughout the year. Changes to an area's COLA are made along with changes to the exchange rate to maintain your purchasing power overseas.
In 1795 allowances for bread and necessities were consolidated to 2 + 1 ⁄ 4 d per day and was later increased in the year by 1 + 1 ⁄ 2 d per day to reflect increased prices of bread and meat. From 1815 to 1854 the daily ration for a British soldier in the United Kingdom was 1 pound of bread (453 g) and 3 ⁄ 4 of a pound of meat (340 g).
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
Senate salaries House of Representatives salaries. This chart shows historical information on the salaries that members of the United States Congress have been paid. [1] The Government Ethics Reform Act of 1989 provides for an automatic increase in salary each year as a cost of living adjustment that reflects the employment cost index. [2]
Cost of Living Allowance (U.S. Military) List of countries by GNI per capita growth; List of U.S. states by adjusted per capita personal income; Specific: Greedflation – Theory that corporate profits drives inflation; Price fixing – Anticompetive agreement to control prices; Profit margin – Ratio between turnover and profit