The Senate Veterans Affairs Committee realized over the last year they cannot fund every program and benefit requiring funding. They are being forced to cut subsidizing for new veterans’ initiatives. In order to make everything work, money must be taken from already existing and funded programs and given to new programs.
Veterans putting down 5 -10% will continue to pay higher fees on home loans. These fees, then, will be used to pay for the student benefits of those attending private schools, which are being threatened because of a problem with the recently passed Post-9/11 GI Bill Reform Act.
A recently passed bill will pay for health care for those exposed to Camp Lejeune’s contaminated water, which is expected to cost billions of dollars. To be able to do that, however, all worldwide base exchanges as well as every supply and food operation will be turned into one “for-profit retailing system.”
Although there will be some difference, that plan is close to a plan the Congressional Budget office proposed, which has first year projected savings of $200 million for the Department of Defense (DoD). The 10 years following, the DoD is expected to see $9.1 billion in savings. The majority of the savings will come from “reducing the value of” groceries at stores selling food for just over cost.
There will be distinct differences between the plans. To what extent, however, remains to be seen. As more benefits and programs are passed, it is likely more funding will have to be moved around to pay for the initiatives.
If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the VA, contact Veterans Help Group. You may be entitled to certain programs and benefits so contact our veterans disability rights firm today.