As title says looks like like the FY 2026 budget and NDAA Maj Richard Star act has traction. Bipartisan support,
Contact your congressional reps.
I contacted all 3 of my reps. This would impact about 50k veterans who are getting taxed by having their CRSC reduced.
The text seems to read if you have any CRSC rated disability and are chapter 61 medically retired you will get all your retirement you lose to VA offset under current rules and computations.
For me this could be significant, I still lose about 40% of my retirement with max CRSC. So I know there are some that could see much more.
Estimates this will impact about 50k disabled veterans, about 1/3 of CRSC recipients. CBO says costs are estimated at $10 billion over 10 years or about $1 billion a year. I am going to be blunt and say this I think is an inflated estimate. That means this would have to increase CRSC annual payments by an average of $20000 per veteran. That’s 1666.0 a month. First off this is nothing. DHS wants to spend probably an underestimated $3 billion to paint the border fence black. Which will likely then need to be repainted in 5 years or less, for $4 billion. For the few in congress complaining of the costs and saying their needs to be an offset, well I do not recall such being demanded when at the height of Iraq it was costing $2.5 billion… a day.
Contact your congressional reps.
I contacted all 3 of my reps. This would impact about 50k veterans who are getting taxed by having their CRSC reduced.
The text seems to read if you have any CRSC rated disability and are chapter 61 medically retired you will get all your retirement you lose to VA offset under current rules and computations.
For me this could be significant, I still lose about 40% of my retirement with max CRSC. So I know there are some that could see much more.
Estimates this will impact about 50k disabled veterans, about 1/3 of CRSC recipients. CBO says costs are estimated at $10 billion over 10 years or about $1 billion a year. I am going to be blunt and say this I think is an inflated estimate. That means this would have to increase CRSC annual payments by an average of $20000 per veteran. That’s 1666.0 a month. First off this is nothing. DHS wants to spend probably an underestimated $3 billion to paint the border fence black. Which will likely then need to be repainted in 5 years or less, for $4 billion. For the few in congress complaining of the costs and saying their needs to be an offset, well I do not recall such being demanded when at the height of Iraq it was costing $2.5 billion… a day.