Deputy Assistant Secretary of the Navy for Budget, Rear Adm. Joe Mulloy, briefed the Fiscal Year 2012 Department of the Navy budget roll-out at the Pentagon, Feb. 14. "The FY12 budget request reflects the Navy's continued commitment to Sailors, Marines, civilians, and their families," said Mulloy. "It reaffirms the valuable contribution our assets make across the full spectrum of warfare and increases the capability of our fleet. While military pay will increase 1.6 percent, additionally, reenlistment bonuses for key rates are being maintained, and selective reenlistment bonuses are being offered. President Barack Obama's budget for Fiscal Year 2012 was submitted to Congress Feb.