Rounds Cosponsors Legislation to Increase Veterans’ Benefits

Rounds Cosponsors Legislation to Increase Veterans’ Benefits

WASHINGTON—U.S. Senator Mike Rounds (R-S.D.), a member of the Senate Committee on Veterans’ Affairs, today joined Chairman Johnny Isakson (R-Ga) and other senators in introducing legislation to increase veterans’ disability benefits from the Department of Veterans Affairs (VA).

The Veterans’ Compensation Cost-of-Living Adjustment Act of 2015 (S.1493) would increase the rates of VA disability compensation, dependency compensation for surviving children and spouses, and the clothing allowance for veterans based on rising costs of living.

“Our nation’s veterans sacrifice everything to protect and defend our country,” said Rounds. “With costs rising on everything from groceries to healthcare, our vets and their families deserve to have their compensation and benefits adjusted accordingly.”

This cost-of-living adjustment, which is equal to the amount of the adjustment given to Social Security recipients, is determined by the Bureau of Labor Statistics’ Consumer Price Index on a yearly basis. The cost-of-living adjustment for veterans would go into effect on December 1, 2015.

Other original cosponsors of the Veterans’ Compensation Cost-of-Living Adjustment Act of 2015 include the ranking Democrat on the Senate VA committee, Sen. Richard Blumenthal, D-Conn., Sens. Jerry Moran, R-Kan., John Boozman, R-Ark., Dean Heller, R-Nev., Bill Cassidy, R-La., Thom Tillis, R-N.C., Dan Sullivan, R-Alaska, Patty Murray, D-Wash., Bernie Sanders, I-Vt., Sherrod Brown, D-Ohio, Jon Tester, D-Mont., Mazie Hirono, D-Hawaii and Joe Manchin, D-W.V.

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