The dividends the Air Force receives from the exchange service to help fund its morale, welfare, and recreations efforts are trending down, Arthur Myers, USAF’s director of services, told a House Armed Services panel last week. Myers noted that five years ago dividends “averaged nearly $90 million per year.” In 2006, however, he said the Air Force “received only $73 million and the current exchange financial plan projects less than $57 million.” Myers explained that this reduction already has had “a negative impact on our programs in the field.” He predicts that “even a partial recovery will be a long time coming.”
House, Senate Unveil Competing Proposals for 2026 Budget
July 11, 2025
Lawmakers from the House and Senate laid out competing versions of the annual defense policy bill on July 11, with vastly different potential outcomes for some of the Air Force’s most embattled programs.