How the VA could fix its $15 billion budget shortfall - Yahoo Finance

Sep 18, 2024 · The Department of Veterans Affairs (VA) is reporting an almost $15 billion budget shortfall. Congress has been asked to authorize these additional funds to stabilize the VA’s …

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How The VA Could Fix Its $15 Billion Budget Shortfall - Yahoo Finance

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Sep 18, 2024 · The Department of Veterans Affairs (VA) is reporting an almost $15 billion budget shortfall. Congress has been asked to authorize these additional funds to stabilize the VA’s …

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Congress Moves To Fix VA Budget Gap, But Time Is Running Out - Yahoo

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Sep 11, 2024 · VA officials have warned that because of increased medical care and benefits applications in recent months, the department’s budget is roughly $2.9 billion short for this fiscal year and about ...

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VA Backtracks On Budget Shortfall Warning, Angering Lawmakers …

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Nov 1, 2024 · The shortfall, VA said over the summer, included about $3 billion in disability and education benefits funding in fiscal 2024 and $12 billion in medical funding in fiscal 2025.

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Congress Fails To Address VA Budget Shortfall Before Leaving Town

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Aug 4, 2024 · Rep. Mike Bost (R-Ill.), who heads the House Veterans’ Affairs Committee, also penned a letter to the secretary last month, describing the overall $15 billion shortfall as “the …

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How The VA Could Fix Its $15 Billion Budget Shortfall - NewsBreak

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Sep 18, 2024 · Insurance subvention is complicated, but it could help alleviate the VA's massive budget deficit, former VA Secretary David Shulkin argues. How the VA could fix its $15 billion …

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Veteran Benefits In Jeopardy? VA Faces $3 Billion Budget Problem

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Aug 1, 2024 · The VA's budget gap is estimated to be nearly $15 billion. Benefits. Active Duty Benefits; ... If a fix isn’t found, that budget gap could negatively affect VA benefits payments …

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Nearly $15 Billion Budget Shortfall Must Be Addressed This Month, …

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Sep 17, 2024 · The shortfall, which came to light in July, includes $2.88 billion for the remainder of FY2024 and $12 billion for FY2025. According to VA officials, Congress has until the middle of …

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VA Projects $15B Shortfall Driven By Costs For Veterans Benefits ...

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Jul 17, 2024 · The Department of Veterans Affairs is anticipating a $3 billion budget shortfall through fiscal 2024 from an increase in veterans benefits, and a $12 billion spending gap in …

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VA Budget Shortfall Could Deepen 2025 Funding Headaches - The Hill

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Aug 9, 2024 · A $12 billion shortfall facing the Department of Veterans Affairs (VA) could further complicate an already heated partisan debate over how to fund the government for 2025. …

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VA's Budget Shortfall: Facts And Solutions - The Hill

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Oct 24, 2024 · VA officials are asking for a budget increase to cover a projected $15 billion shortfall, but their own numbers and estimates contradict what they are asking for and why, and solutions such as comm…

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Senate Republicans Blame VA's Aggressive Benefit Campaign For …

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Aug 27, 2024 · Senate Republicans blamed the VA’s hurried implementation of a benefits program for veterans exposed to burn pits and toxic substances for the agency’s expected $15 …

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Millions Of Veteran Benefits At Risk As VA Deals With Predicted $15 ...

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Jul 19, 2024 · On Oct. 1, payment disruptions could begin starting. According to House Committee on Veterans Affairs Chairman Mike Bost (R-IL), it would be the largest budget …

washingtonexaminer.com

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VA Urges Lawmakers To Approve $15B To Fund Budget Gap Or Risk …

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Jul 18, 2024 · A $12 billion budget shortfall is projected next fiscal year without the additional funds. “If the Veterans Health Administration does not receive additional funding, VA will …

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FAQs about How the VA could fix its $15 billion budget shortfall - Yahoo Finance Coupon?

Why is there a $15 billion budget shortfall for veterans?

The Department of Veterans Affairs predicts it will have a $15 billion budget shortfall, which would put disability, medical, and benefit payments to over 7 million veterans and survivors at risk. The shortfall is attributed to an increase in filing prompted by the PACT Act. ...

Does the VA have a fiscal 2025 budget shortfall?

The VA also no longer projects a $12 billion shortfall for fiscal 2025. Higher costs for an increase in health care enrollments, payroll and equipment purchases all fell within original budget estimates, the lawmakers said. ...

What is the biggest budget shortfall VA has experienced?

“This represents by far the largest budget shortfall that VA has experienced under any administration,” Bost said, referring to the total $15 billion. “This is not just fiscal mismanagement. It is strategic whiplash.” ...

Will the VA be forced to cut veterans services in fiscal 2025?

He also said the VA might be forced to cut veterans services and care in fiscal 2025 if Congress does not agree to increase the agency’s $369 billion spending plan. A $12 billion budget shortfall is projected next fiscal year without the additional funds. ...

What's going on with the Veterans Affairs Budget in 2024?

(Carlos Bongioanni/Stars and Stripes) The Department of Veterans Affairs is anticipating a $3 billion budget shortfall through fiscal 2024 from an increase in veterans benefits, and a $12 billion spending gap in 2025 driven by higher costs for prescription drugs and the hiring of more workers. ...

Will a $12 billion VA loan shortfall complicate a partisan debate?

A $12 billion shortfall facing the Department of Veterans Affairs (VA) could further complicate an already heated partisan debate over how to fund the government for 2025. View comments Recommended Stories Yahoo Personal Finance VA loan vs. conventional loan: Which is right for you? ...