Political Quotes

“Mr. President, I am pleased that the Senate is acting on H.R. 3219, the proposed ``Veterans' Benefits Act of 2010.'' The bill, as it comes before the Senate, is a compromise agreement developed with our counterparts on the House Committee on Veterans' Affairs. I thank Chairman Filner and Ranking Member Buyer of the House Committee for their cooperation on this legislation. I also thank my good friend, the committee's ranking member, Senator Burr, for his cooperation as we have developed this bill. A full explanation of the Senate and House negotiated agreement can be found in the Joint Explanatory Statement, which I will ask be printed in the Record at the conclusion of my remarks. The amended bill, which I will refer to as the ``compromise agreement,'' contains ten titles that are designed to enhance compensation, housing, labor and education, burial, and insurance benefits for veterans. I will highlight a few of the provisions. The compromise agreement would make several important improvements in insurance programs for disabled veterans. It would increase the maximum amount of veterans' mortgage life insurance that a service-connected disabled veteran may purchase from the current maximum of $90,000 up to $200,000. In the event of the veteran's death, the veteran's family would be protected because VA will pay the balance of the mortgage owed up to the maximum amount of insurance purchased. The need for this increase is obvious in today's housing market.…”