WASHINGTON – U.S. Senators Jerry Moran (R-Kan.) and Richard Blumenthal (D-Conn.) – chairman and ranking member of the Senate Committee on Veterans’ Affairs – today introduced legislation to make certain the rate of disability compensation and other financial benefits from the Department of Veterans Affairs (VA) for veterans and military survivors keep pace with rising costs and inflation.
The Veterans’ Compensation Cost-of-Living Adjustment of 2025 (COLA) Act will increase certain VA benefits including disability compensation, clothing allowances and dependency and indemnity compensation for surviving spouses and children to reflect the reality of increases in the everyday cost of living.
“We have a commitment to care for our veterans and their families, and the annual cost-of-living adjustment makes certain VA benefits are keeping up with changes in our economy,” said Sen. Moran. “These adjustments will help VA better support veterans living with a disability, their dependents and survivors by keeping pace with inflation and Social Security benefit increases to provide veterans and their families the financial stability they deserve.”
“Veterans deserve a fair shake amid the rising costs of housing and inflation”, said Sen. Blumenthal. “I’m proud to join Chairman Moran to introduce this legislation that will make sure veterans and their families’ VA benefits are keeping pace with these costs. It’s what we promised veterans—and what they earned.”
The full text of the legislation here.
This legislation is co-sponsored by Sens. John Boozman (R-Ark.), Patty Murray (D-Wash.), Bill Cassidy (R-La.), Bernie Sanders (I-Vt.), Thom Tillis (R-N.C.), Mazie Hirono (D-Hawaii), Kevin Cramer (R-N.D.), Maggie Hassan (D-N.H.), Tommy Tuberville (R-Ala.), Angus King Jr. (I-Maine), Jim Banks (R-Ohio), Tammy Duckworth (D-Ill.), Ruben Gallego (D-Ariz.) and Elissa Slotkin (D-Mich.).
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