Disabled Veterans to Be Exempted From Pension Cuts
Associated Press
By ANDREW TAYLOR
WASHINGTON January 9, 2014
A massive spending bill taking shape on Capitol Hill is likely to repeal a recently enacted pension cut for disabled veterans.
Capitol Hill aides said Wednesday that the $1 trillion-plus omnibus spending bill measure will reverse a 1 percentage point cut to annual cost-of-living increases that was inadvertently applied to more than 63,000 veterans who have left the military due to injury or disability.
But the controversial pension cut included in last month's budget agreement would continue to apply to other military retirees. It would save about $6 billion over the coming decade, money that's being used to ease cuts to the Pentagon budget this year.
The pension cuts have drawn fierce opposition from veterans groups and lawmakers in both parties, but it's unclear whether the entire provision will be repealed. The aides required anonymity because the spending bill isn't complete and they aren't authorized to discuss it publicly.
Some lawmakers originally claimed, incorrectly, that the pension cut in last month's budget bill would not apply to disabled veterans. When they discovered that it did, they immediately promised to correct it. The upcoming budget measure is the first available vehicle.
House Budget Committee Chairman Paul Ryan, R-Wis., recently defended the pension cut in an op-ed in USA Today, saying he stands behind "responsible reforms of military compensation."
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Showing posts with label military pension. Show all posts
Showing posts with label military pension. Show all posts
Thursday, January 9, 2014
Disabled veterans to be exempt from cuts
They didn't read the bill they passed! WOW! Veterans suffered because members of congress don't understand what they are doing?
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