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The Mt. Airy News

WASHINGTON — United States Rep. Virginia Foxx (N.C.-5th District) voted Thursday for H.R. 1220, the Veterans’ Compensation Cost-of-Living Adjustment Act. This bill remedies an accounting error at the U.S. Department of Veterans Affairs that would have caused veterans to lose nearly $1 billion in benefits.

“I am proud to stand behind our nation’s veterans and ensure they receive the health-care benefits they earned while selflessly serving our country,” said Foxx.

“After fighting to defend our freedom, they deserve nothing less.”

The Veterans’ Compensation Cost-of-Living Adjustment Act of 2005 will:

Provide a cost-of-living adjustment (COLA) to disability compensation rates for veterans with service-connected disabilities equal to the adjustment provided under Social Security.

Provide a COLA to the rate of indemnity compensation for survivors of certain disabled veterans equal to the adjustment provided under Social Security.

Authorize a two-year project for improvement of business practices in the Veterans Health Administration.

Permanently authorize six Parkinson’s disease research educational and clinical centers.