WASHINGTON, D.C. – Today, U.S. Sen. Sherrod Brown (D-OH) and the U.S. Senate Committee on Veterans’ Affairs passed legislation through the committee to increase veterans’ benefits from the Department of Veterans Affairs (VA) based on the rising cost of living. The Veterans’ Compensation Cost-of-Living Adjustment Act of 2015, which Brown cosponsored, would increase the rates of VA disability compensation, dependency compensation for surviving children and spouses, and the clothing allowance for veterans.
“As the cost of living continues to rise, the budgets of many veterans and their families are stretched to the breaking point,” Brown said. “Our nation’s disabled veterans have served their country with selflessness and courage. We must honor their sacrifice and ensure that they and their families receive the benefits they deserve.”
This cost-of-living adjustment, which is equal to the amount of the adjustment given to Social Security recipients, is determined by the Bureau of Labor Statistics’ Consumer Price Index on a yearly basis. The cost-of-living adjustment for veterans would go into effect on December 1, 2015. Brown has cosponsored the annual veterans Cost-of Living Adjustment every year in the Senate since 2008.