OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Veterans' Compensation Cola Act of 2016

Floor Speech

Date: July 11, 2016
Location: Washington, DC
Issues: Veterans

I rise in support of H.R. 5588, the Veterans' Compensation COLA Act of 2016. This bill is our annual veterans cost-of-living adjustment. It would ensure that, beginning on December 1, 2016, our disabled veterans receive the same increases as those receiving Social Security benefits.

Specifically, H.R. 5588 directs the Secretary of Veterans Affairs to increase the rates of basic compensation for disabled veterans and the rates of dependency and indemnity compensation, or DIC, to their survivors and dependents. It also increases other benefits, such as clothing allowance and wartime disability, to keep pace with the rising cost of living.

This bill sends a strong and important message that we are going to honor our commitment to supporting our veterans. This is the least we can do to repay their service.

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Mr. TAKANO. Mr. Speaker, I, too, have no additional speakers. I thank the gentleman from Louisiana for his work on this issue. It is a pleasure working with him in committee.

I once again ask all of my colleagues to join me in supporting H.R. 5588 and the Veterans' Compensation COLA Act of 2016.

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