Grassley Delivers His Weekly Video Address

Grassley

This week the Senate is considering legislation that would repeal an expected cut in the cost-of living adjustment for military retired pay for retirees who are under age 62.

This cut was included in the federal budget bill that passed late last year.  No VA benefits are affected one way or the other.  But, retirement benefits for these retirees were partially cut in the budget agreement. This has caused quite an uproar, with many voicing concerns that this was not the right decision. Those voicing concern supported legislation to repeal it.

The issue is finding other savings somewhere to pay for the restoration of these benefits.

In a weekly video address, Senator Grassley discusses legislation that the Senate is considering that would repeal an expected cut in the cost-of living adjustment for military retired pay for retirees who are under age 62.

http://youtu.be/FK6NndSJub4

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