Overview of American Heroes Cost of Living Allowance Act

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American Heroes Cola Act American Heroes Cola Act Introduction A House subcommittee had made the moved Wednesday April 18, 2012 to remove a small bit of doubt regarding the cost-of-living adjustments in veterans' disability and survivor aids by passing a bill that would deliver automatic yearly increases that would actually start the beginning of next year. This paper will provide a comprehensive overview of f HR 4142: The American Heroes Cost of Living Allowance (COLA) Act. Part A: Legislation and Political Context: What is the "Elevator Speech" Overview? The American Heroes COLA Act came into fruition on Wednesday April 19th, 2012. The House Veterans Affairs Subcommittee on Disability Assistance and Memorial Affairs (DAMA) agreed to pass two bills that affect veterans benefits. There is slight doubt that under present law, veterans are getting the same COLA that is going to Social Security recipients. Once a year since 1983, Legislature has voted for, and the sitting president has authorized, a bill that guarantees that veterans' disability payment and survivors' dependency and security reimbursement increases on Dec. 1 by the same percentage as Social Security. American Heroes Cola Act would requires the Secretary of the Department of Veterans Affairs to automatically increase the rates of veterans' disability income, compensation for dependents, clothing allowance, and reimbursement for veterans surviving next of kin and children at the same rate that Social

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