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Public Statements

Veterans' Compensation Cost-of-Living Adjustment Act of 2012

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. RUNYAN. Chairman Miller, thank you for those kind words, and thank you for your support in helping me move this piece of legislation forward.

I rise today in support of H.R. 4114, the Veterans' Compensation Cost-of-Living Adjustment Act of 2012.

H.R. 4114, which I introduced in February, puts veterans on equal footing with Social Security beneficiaries by increasing the amount provided to several kinds of compensation by the amount of the Social Security cost-of-living adjustment. These include disabled veterans compensation, veterans' clothing allowance, and the DIC for veterans' survivors.

This annual and noncontroversial bill, which has been scored by CBO as having no budgetary impact, is a critical part of ensuring that benefits for disabled veterans and their families are sufficient to meet their needs.

I am proud that the first bill I introduced in Congress last year was the veterans' COLA bill, which gave the first cost-of-living adjustment to our veterans that they had received in several years. I am equally proud that we are doing right by our veterans by moving the COLA bill increase this year in the form of H.R. 4114.

I urge all Members to support this critical piece of legislation.

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