Senate Passes COLA In Time For Deadline
Yesterday, the United States Senate put aside partisan bickering to do the right thing for veterans – just in time. With the deadline looming, the Senate pulled the trigger on the bill at the last possible moment. A big thanks to Senator Jon Tester (D-MT) for getting this done!
From the Washington Post:
A bill to provide a cost-of-living adjustment for disabled veterans and survivors that stalled amidst partisan strife in late September passed the Senate on Tuesday, meaning that the 1.7 percent increase is expected to be included in checks to be sent in January.
More than 3.9 million veterans and survivors are expected to receive compensation benefits in 2013, including veterans’ disability compensation and dependency and indemnity compensation for surviving spouses and children.
The increase would mean an additional $500 in benefits for veterans and their families next year, according to the bill sponsor, Sen. Jon Tester (D-Mont.).