Patriots - Please read. O'Brien
VFW Advocacy Protects Veterans’ Cost-of-Living Adjustments
Last week, the Senate passed a
VFW-supported amendment as part of their budget resolution (S.Con.Res.8) for fiscal year 2014 prior to formally adjourning back to their home state offices. The amendment ensured that cost-of-living adjustments, or COLA, for disabled veterans and
Social Security beneficiaries would still be calculated equitably in the future.
The amendment negated another proposal
in the budget resolution that could have cut future COLA increases in half by using an alternate Consumer Price Index calculation
called chained CPI.
Chained CPI has been talked about as a way to save money and reduce debt within the federal
government. VFW came out strongly last year against chained CPI because it is a money-saving benefit for the government that puts additional financial
burdens on disabled veterans.
Senate Veterans Affairs Committee Chairman Bernie Sanders (I-Vt.), has been a vocal
opponent of chained CPI, which is why he consistently echoes the VFW’s concerns and why he decided to introduce the
VFW advocates were once again on the front lines in ensuring that COLA for all disability benefits would
be safe. VFW Action Corps mobilized late last week in support of Sanders’ amendment, generating nearly 800 advocacy
messages to 92 Senate offices.
When the amendment came up for consideration on the Senate floor, it easily passed
by voice vote. The full budget resolution then passed the Senate in an early morning vote of 50-49.
The VFW believes
that veterans, retirees and their survivors earned their compensation and pension payments, and cutting COLA as a way to save
money is the same as balancing the budget on the backs of those who served and sacrificed for our nation. Check back regularly
for updates as your VFW continues to advocate against chained CPI calculations for veterans.