Section 1 Repeal of annual adjustment of retired pay and retainer pay amounts for retired members of the Armed Forces under age 62
Repeal— Section 403 of the Bipartisan Budget Act of 2013 is hereby repealed.
Offset— To offset the costs to be incurred by the repeal made by subsection (a), the unobligated balances of the Department of Defense shall be reduced as necessary to generate savings in the total amount of $6,200,000,000.