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H.R. 5826, The Veterans' Compensation Cost-of-Living Adjustment Act of 2008 (4 comments ↓ | 8 wiki edits)
H.R. 5826 would increase, effective as of December 1, 2008, the rates of disability compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation for survivors of certain service-connected disabled veterans.
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Visitor Comments
Sally
I believe that the bill is long over due being as though veterans are experiencing hard times through out America due to inflation and other ongoing increases.
Albert
This Bill although underfunded is long overdue and welcomed. The increase may be the largest ever, but do not meet in my opinion the benchmark of current day inflation. It certainly do not in any way compensate injured veterans and their families across the board for the sacrafice they have made for this great country. The disability compensation formula used today is outdated and needs to be revised. Who in the White House is up to this challenge? Talk and pennies are cheap, but the measure of men and women quality of life after dramatic injury while serving their country cannot be satisfied with a teaspoon of honey.
Charlie
The COLA is adequate for the times. The average citizen is getting tired of the idea that veterans are somehow endowed with some special need. Look around you at all the everyday folks who need help and quit crying.
Wally
COLA is ok. I would take more but the current method seems to work.