Earlier today the House of Representatives passed S. 894, the Veterans' Compensation Cost-of-Living Adjustment Act of 2011 by voice vote. This legislation is a companion bill to legislation introduced by Congressman Jon Runyan (H.R. 1407) that passed the House of Representatives on May 23rd 2011. Rep Runyan's legislation would tie veterans' disability compensation rates to the cost-of-ling adjustment for Social Security benefits.
"The passage of this bill is a vital step to keeping the promise our country made to those veterans who worked to protect the nation," said Rep. Runyan. "In these very difficult economic times, it is important that the nation remembers the sacrifice our veterans made. Even though the economy has been lagging for years, our veterans have not received a COLA since 2009 and this legislation would rectify the situation."
Because the Senate and the House version differed slightly, the rules of Congress require that either the House or the Senate pass the other chamber's version. Through the leadership of Congressman Runyan, the House of Representatives quickly brought the Senate version to the House floor for a vote.
"Immediately following the passage of S.894," stated Congressman Runyan, "I sent a letter to Speaker Boehner strongly urging him to move quickly on this bill. I was extremely pleased to see how quickly the Speaker moved to bring this legislation to the floor. It is important that the President move just as quickly in signing this bill to ensure that our veterans are provided with the resources they need and deserve."