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Legion to Senate: Do Not Reduce COLA for Veterans

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Legion to Senate: Do Not Reduce COLA for Veterans WASHINGTON--(BUSINESS WIRE)--The American Legion voiced its outrage over budget cuts on military retirees’ benefits at a December 18 press conference in Washington. The U.S. Senate had just passed the Bipartisan Budget Act of 2013, which – if signed by the president – will reduce cost-of-living adjustment (COLA) benefits for America’s retired veterans by more than $6 billion. The bill was worked out between Sen. Patty Murray, D-Wash., and Rep. Paul Ryan, R-Wis., and passed the Senate by a 64-36 Reported by Business Wire 10 hours ago.

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