Senat Unamimously Apporves Cola

[JohnM]

U.S. Senator Daniel K. Akaka, Chairman of the

Veterams' Affairs Committe, issued the following statement regarding the Senate's passage of S.2617 The Veterans Compensation Cost-of Living Adjustment Act of 2008

S.2617, intorduced by Senator Akaka, will adjust veterans compensateion rates to keep pace with inflation, effective Dec. 1,2008 According to recent data provided by the Dept of Veterans affairs, this increas will go to 2.8 million veterans and over 300,000 surviving spouses reciving dependency and indemnity compensation.

The bill now moves to the House of Representatives for their consideration. While

this years cost-of-living increase has yet to be determined, the Congressional Budget Office has projected a 2.8 percent increase. Lasst years increase was 2.3 percemt

[Ricky]

Hey .5 increase I guess we are moving on up!! hahahahahaha Heck I guess we should be thankful for any movement up is a step in the right direction!

[danang_1969]

better 1.8 but not as good as 4.8. I don't imagine anyone will refuse it.

[Pete53]

That is supposed to represent inflation my ass. Everything I do is up double digit inflation in Texas.

[purple]

it's a joke....i wonder what % congress will vote for themselves this year????