H.R. 675, Veterans’ Compensation Cost-of-Living Adjustment Act of 2015

The CBO link below gives access to a pdf to view the document of H.R. 675, which is the cost-of-living adjustment for 2015.

H.R. 675, Veterans’ Compensation Cost-of-Living Adjustment Act of 2015:

H.R. 675 would make changes to several benefit programs administered by the Department of Veterans Affairs (VA), and to the administrative processes of the Court of Appeals for Veterans Claims (CAVC). CBO estimates that enacting H.R. 675 would decrease net direct spending by $4 million over the 2016-2025 period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. Enacting the bill would have no effect on revenues.

In addition, CBO estimates that implementing the bill would cost $5 million over the 2016-2020 period, subject to the availability of appropriated funds.

H.R. 675 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.

This article was written by: Rachel Baker – Click to follow on Twitter

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