this bill increases the rates of compensation for veterans with service connected disabilities and the rates of dependency and indemnity compensation for the survivors of certain disabled veterans. The increase would be effective on December 1, 1996, and would be the same percentage increase as applied to Social Security benefits. The bill also rounds down to the next lower dollar amount, all compensation and DIC benefit payments when not a whole dollar amount. Mr. Speaker, this is a clean COLA bill without any other provisions attached to it. In the past, additional provisions on veterans' COLA bills have become controversial, so we have avoided that potential and I urge all Members to support the bill. I want to thank my good friend, Sonny Montgomery, the ranking minority member of the full committee, for his hard work and guidance on this measure.
Editor's note · Context
Discussing a bill to increase compensation rates for veterans and their survivors.
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