LIVE VIDEO: News 2 at 5 PM    Watch
 

Disabled Veterans To Be Exempt From Pension Cuts

8:57 PM, Jan 8, 2014   |    comments
  • Share
  • Print
  • - A A A +

WASHINGTON -- A massive spending bill taking shape on Capitol Hill is likely to repeal a recently enacted pension cut for disabled veterans.

 

Capitol Hill aides say the $1 trillion-plus measure will reverse a 1 percentage point cut to annual cost-of-living increases that was inadvertently applied to veterans who leave the military due to injury or disability.

 

The controversial pension cut included in last month's budget agreement would continue to apply to other military retirees. It would save about $6 billion over the coming decade, money that's being used to ease cuts to the Pentagon budget this year.

 

The pension cuts have drawn fierce opposition from veterans groups and lawmakers in both parties.

 

The aides required anonymity because the spending bill isn't complete and they aren't authorized to discuss it publicly.

 

 

 

 

 

Most Watched Videos