Income of working-age veterans receiving disability compensation
- Collection:
- Health Policy and Services Research
- Author(s):
- Bass, Elizabeth, (Economist), author Golding, Heidi L. W., author
- Contributor(s):
- United States. Congressional Budget Office. issuing body.
- Publication:
- [Washington, D.C.] : Congressional Budget Office, December 2023
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Disabled Persons -- statistics & numerical data Income -- statistics & numerical data Insurance, Disability -- statistics & numerical data Veterans -- statistics & numerical data United States
- Genre(s):
- Technical Report
- Abstract:
- The Department of Veterans Affairs (VA) compensates veterans for service-connected disabilities, which are medical conditions or injuries that occurred or worsened during military service. In fiscal year 2022, those payments totaled $125 billion (in 2022 dollars), or roughly 45 percent of the department’s spending. That spending has increased more than fourfold since fiscal year 2000. In previous reports, the Congressional Budget Office has documented the growth in VA’s spending on disability compensation and trends in veterans’ employment. In this report, CBO explores the interaction of those two topics, comparing the earnings, personal income, and household income of working-age male veterans who received VA disability payments with those of veterans who did not receive such payments. The results allow policymakers and others to compare the financial security of veterans receiving disability payments with that of veterans not receiving payments as a way to gauge the importance of that compensation.
- Copyright:
- The National Library of Medicine believes this item to be in the public domain. (More information)
- Extent:
- 1 online resource (1 PDF file (21 pages, 2 unnumbered pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 9918733583006676 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/9918733583006676