Political Quotes

“Mr. Speaker, H.R. 2394, the Veterans' Compensation Cost-of-Living Adjustment Act of 1995, would authorize the VA to provide the same cost-of-living adjustment [COLA] payable to Social Security recipients. However, the bill is consistent with the reconciliation recommendations recently forwarded by the VA Committee to the Budget Committee. Those recommendations include rounding down the 1996 COLA to the next lower dollar amount for veterans receiving disability compensation and dependency and indemnity compensation [DIC] recipients. Additionally, the bill would provide an equal COLA to all DIC recipients based upon the new flat-rate payment schedule. The Congressional Budget Office has indicated the bill reduces direct spending under the pay-as-you-go budget rules. I believe this bill treats veterans and their survivors fairly while complying with the budget resolution, and I urge my colleagues to support the bill.”