President Barack Obama’s fiscal year 2010 budget proposal includes a 2.9 percent pay increase for U.S. servicemembers. This is significantly less than the 3.9 percent raise approved last year, or the 3.5 percent raise approved the year before. However, over the past few years, Congress has had a habit of approving a military pay raise slightly higher than the presidential proposal.
The bump in pay is part of the Defense Department’s $534 billion base operating budget for fiscal year 2010, which represents a 4 percent, or $20 billion, increase from the previous fiscal year.
Source
What do you think? I'm glad he is giving them a raise, they deserve it.


