Both the House and Senate passed measures permanently increasing to $400,000 the maximum life insurance coverage available to service members and veterans. The action replaces the temporary increase passed earlier this year that was set to expire Sept. 30. The new maximum is retroactive to Sept. 1, 2005.
The Air Force is requesting about $141 million for initial enlistment bonuses in its fiscal 2026 budget, while Space Force wants $13 million.