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Assessing Pay and Benefits for Military Personnel (PDF)
Congressional Budget Office [CBO] 
Aug. 16, 2007
8 pages. Excerpt: With the military's cash allowances for food and housing included (as well as the tax advantage that service members receive because those allowances are tax-exempt), enlisted personnel earn more than at least 75 percent of comparable civilians, the Congressional Budget Office (CBO) estimates. Members of the military also receive more-extensive benefits than most civilian workers do.
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