[Congressional Record Volume 157, Number 158 (Thursday, October 20, 2011)]
[Senate]
[Pages S6865-S6866]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
VETERANS' COMPENSATION COST-OF-LIVING ADJUSTMENT ACT OF 2011
Mrs. MURRAY. Mr. President, today, as chairman of the Senate
Committee on Veterans' Affairs, I would like to show my strong support
for Senate passage of S. 894, the Veterans' Compensation Cost-of-Living
Adjustment Act of 2011.
Effective December 1, 2011, this measure directs the Secretary of
Veterans Affairs to increase the rates of veterans' compensation to
keep pace with a rise in the cost-of-living, should an adjustment be
prompted by an increase in the Consumer Price Index, commonly known as
the CPI. Referred to as the COLA, this important legislation would make
an increase available to veterans at the same level as an increase
provided to recipients of Social Security benefits.
All of my colleagues on the Committee on Veterans' Affairs, including
Ranking Member Burr and Senators Rockefeller, Akaka, Sanders, Brown of
Ohio, Webb, Tester, Begich, Isakson, Wicker, Johanns, Brown of
Massachusetts, Moran, and Boozman join me in supporting this important
legislation. I look forward to our continued work together to improve
the lives of our Nation's veterans.
Last year, Congress passed, and the President signed into law, Public
Law 111-247, which would have increased veterans' compensation rates
had there been an increase in the CPI. While there was no cost-of-
living increase in 2011; the 2012 adjustment will be 3.6 percent.
The COLA affects so many important benefits, including veterans'
disability compensation and dependency and indemnity compensation for
surviving spouses and children. It is projected that over 3.9 million
veterans and survivors will receive these benefits in fiscal year 2012.
Mr. President, our Nation's veterans are hurting. The cost of food
and fuel continue to rise. Failing to pass a cost-of-living adjustment
will have serious effects on the quality of life veterans deserve. We
have an obligation to care
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for our brave veterans and their families by providing them with the
compensation needed to maintain a quality standard of life.
I ask my colleagues to keep our promise to our Nation's veterans by
working together to ensure this benefit remains available and is not
diminished by the effects of inflation.
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