H.R. 7777, known as the “Veterans’ Compensation Cost-of-Living Adjustment Act of 2024,” aims to increase the compensation rates for American veterans with service-related disabilities and the dependency and indemnity compensation for their survivors. Effective December 1, 2024, the bill...
Simple Explanation
This bill says that starting December 2024, the money given to veterans who were hurt while serving and to their families will go up, just like how Social Security payments increase, so they can keep up with rising prices.