OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Supporting Our Nation's Veterans

Floor Speech

Date: May 23, 2019
Location: Washington, DC
Issues: Veterans

BREAK IN TRANSCRIPT

Mrs. McBATH. Madam Speaker, today I am introducing the Honoring American Veterans in Extreme Need, or HAVEN, Act, with my colleague Greg Steube of Florida.

Under current law, when a veteran files for bankruptcy, his or her disability benefits from the VA or DOD count as income that is subject to the reach of creditors; however, Social Security disability benefits are exempt.

The HAVEN Act would amend bankruptcy law to exclude disability benefit payments paid from the VA or DOD from that monthly income calculation, treating it the same as Social Security disability.

Our disabled veterans earned their benefits by serving our great Nation, and we must protect them and their families, especially during financial hardship.

I encourage my colleagues to support our Nation's veterans and cosponsor this bipartisan legislation.

BREAK IN TRANSCRIPT


Source
arrow_upward