Wednesday
Oct212009
Sen. Murray Introduces Bills To Help Veterans
By Marianna Levyash-Talk Radio News Service
At a hearing Wednesday morning held by the Committee of Veterans' Affairs, Senator Patty Murray (D-WA.) introduced three bills aimed at bolstering the Department of Veteran's Affairs' ability to successfully care for U.S. servicemen and women.
The three bills include: The Homeless Woman Veterans and Homeless Veterans with Children Act of 2009, The Prisoner War of Benefits Act of 2009, and The Chiropractic Care Available to All Veterans Act of 2009.
"My bills...share a common thread. Each of them would give the VA better tools to provide our veterans with the care and benefits that they have earned through their selfless service to our nation," said Murray.
Murray said she hopes that the committee will support her bills so that veterans can have the high level care that they are entitled to.
At a hearing Wednesday morning held by the Committee of Veterans' Affairs, Senator Patty Murray (D-WA.) introduced three bills aimed at bolstering the Department of Veteran's Affairs' ability to successfully care for U.S. servicemen and women.
The three bills include: The Homeless Woman Veterans and Homeless Veterans with Children Act of 2009, The Prisoner War of Benefits Act of 2009, and The Chiropractic Care Available to All Veterans Act of 2009.
"My bills...share a common thread. Each of them would give the VA better tools to provide our veterans with the care and benefits that they have earned through their selfless service to our nation," said Murray.
Murray said she hopes that the committee will support her bills so that veterans can have the high level care that they are entitled to.
Congressmen Introduce Legislation To Protect Pensions
Representatives Earl Pomeroy (D-N.D.) and Pat Tiberi (R-Ohio) Tuesday introduced the Preserve Benefits and Jobs Act, which seeks to provide reasonable pension funding relief to employers facing a troubled financial market.
"Today employers...struggle to navigate in a severe recession. They face decreased cash flows, typed credit lines and they need to fund up the very significant book losses that they have on their investments from 2008...under a short 7-year time frame," stated Pomeroy during an afternoon press conference.
The Congressmen believe that, due to the economic crash last year, companies will either freeze their pension plans, continue to increase them or cut their workforce to make up for these losses. The two stated that they hope that this bill will give employees the security they need in knowing that they can continue working and that their retirement benefits carry on progressively.
"When a pension is frozen, workers in their fifties can expect a drop in benefits of about 35%, even when combined with a 401k coming along as a replacement...a huge setback for someone's retirement plans," said Pomeroy.
The bill proposes two alternatives for struggling employees: a nine-year program with payments of interest-only during the first two years or a fifteen year payment schedule that requires specific conditions.
"This bill...is a vehicle...to help Americans across the country as they struggle with [a tough economy]," said Tiberi.