Saturday, November 17, 2012

McCaskill: Cost of Living Increase ‘good news’ for Veterans

U.S. Senator Claire McCaskill today released the following statement after the Senate unanimously passed the Veterans’ Compensation Cost-of-Living Adjustment (COLA) Act of 2012:

“The folks that have been on the front lines of freedom’s defense around the globe shouldn’t have to worry about inflation eating away at their pay and benefits. This measure will help make sure that the benefits our veterans have earned keep pace with economic reality. This is good news for Missouri’s veterans and their families.”

This legislation would provide nearly 4 million veterans and their survivors with a cost-of-living adjustment of 1.7% to ensure that their benefits keep pace with inflation.

McCaskill is the daughter of a World War II veteran and member of the Senate Armed Services Committee. To read more about her ongoing work for Missouri's veterans, click HERE

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