Possible Higher Spending Paths for Veterans' Benefits
Abstract
The Department of Veterans Affairs (VA) administers programs to aid former members of the armed forces and their families. By far the largest share of its budget is spent on two programs, one that pays compensation to veterans who have service-connected disabilities and one that provides medical care to veterans. VAs spending (adjusted to remove the effects of inflation) has grown rapidlyfrom $64 billion, or 2.6 percent of all federal spending, in 2000 to $180 billion, or 4.4 percent of spending, in 2017.1 (The Congressional Budget Office estimates that spending was $187 billion in 2018; however, CBOs analysis focused on 2017, because it lacked information required to provide a detailed analysis of VAs 2018 spending.) That large increase has prompted concerns about the long-run affordability of VA benefits, particularly if their cost continues to increase at the same rate as in recent years.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 2018
- Accession Number
- AD1134874
Entities
People
- Heidi Golding
Organizations
- Congressional Budget Office