Va budget shortfall Jul 30, 2024 · The VA expects a nearly $3 billion shortfall for disability and education benefits by October, largely due to the PACT Act. The Department of Veterans Affairs’ financial experts tell lawmakers that the historic funding discrepancy is due to increased hiring and pharmaceutical costs. The VA is working with the White House and Congress to address the shortfall, but a House committee chairman criticizes the agency for mismanagement and strategic whiplash. Jul 30, 2024 · Seeking to avoid a disruption in veterans benefits payments later this year, a bipartisan group of senators has introduced a bill to fix a nearly $3 billion shortfall for disability and Sep 18, 2024 · Lawmakers passed the Veterans Benefits Continuity and Accountability Supplemental Appropriations Act by voice vote Tuesday evening, sending it to the Senate ahead of a Friday deadline to ensure the Sep 19, 2024 · WASHINGTON — The Senate on Thursday adopted an emergency spending bill to fill a nearly $3 billion shortfall in the Department of Veterans Affairs’ fiscal 2024 budget, ensuring millions of 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 2025 driven by Nov 1, 2024 · WASHINGTON — A $15 billion shortfall that the Department of Veterans Affairs disclosed to lawmakers in an urgent request for emergency funding to cover veterans benefits and close the. Review of VA’s $2. The Senate passed a $3 billion supplemental funding bill, allowing the Department of Veterans Affairs to pay veterans’ benefits without delay. Nov 26, 2024 · The VA is now asking Congress for a $6. 1 billion. A bipartisan group of senators has proposed a bill to plug the gap, but time is running out for Congress to act. The VA says it is working with Congress and OMB to resolve the potential deficits and prevent any impact on veterans. Sep 19, 2024 · VA officials warned lawmakers in July that the Veterans Benefits Administration faced a $3 billion budget shortfall by the end of fiscal 2024. Jul 18, 2024 · The Department of Veterans Affairs expects to run out of money for benefits and health care payments this year and next, partly due to the PACT Act and higher costs. 9 Billion Supplemental Funds Request for FY 2024 to Support Veterans’ Benefits Payments | Department of Veterans Affairs OIG Jul 17, 2024 · The Department of Veterans Affairs tells lawmakers it needs more money to cover increased staffing and drug expenses, despite a record year of enrollment and benefits. The VA needed Congress to approve the emergency funding by Friday, to avoid a delay in compensation and pension benefit payments that go to 7 million veterans and their survivors. They accuse the VA of inaccurate forecasting and urge a review of its finances. Jul 30, 2024 · Seeking to avoid a disruption in veterans benefits payments later this year, a bipartisan group of senators has introduced a bill to fix a nearly $3 billion shortfall for disability and Sep 18, 2024 · Lawmakers passed the Veterans Benefits Continuity and Accountability Supplemental Appropriations Act by voice vote Tuesday evening, sending it to the Senate ahead of a Friday deadline to ensure the Sep 19, 2024 · WASHINGTON — The Senate on Thursday adopted an emergency spending bill to fill a nearly $3 billion shortfall in the Department of Veterans Affairs’ fiscal 2024 budget, ensuring millions of 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 2025 driven by Nov 1, 2024 · WASHINGTON — A $15 billion shortfall that the Department of Veterans Affairs disclosed to lawmakers in an urgent request for emergency funding to cover veterans benefits and close the Mar 27, 2025 · The OIG conducted a legislatively mandated review of the circumstances and the underlying conditions that led to VBA announcing a potential shortfall and the need for FY 2024 supplemental funding. Mar 27, 2025 · The OIG conducted a legislatively mandated review of the circumstances and the underlying conditions that led to VBA announcing a potential shortfall and the need for FY 2024 supplemental funding. Jul 17, 2024 · VA warns of historic $15B budget shortfall. House committee says more hiring ‘above all’ is driving up costs. Sep 17, 2024 · The House of Representatives approved a bill that provides $3 billion in mandatory funding for veteran benefits and holds the Biden-Harris Administration accountable for its budgeting errors. Nov 1, 2024 · The VA requested $3 billion in emergency funding to cover veterans benefits and close a $15 billion gap in fiscal 2024, but House lawmakers say the agency has a surplus of $5. 6 billion supplement to its fiscal 2025 budget to keep providing more health care to more veterans than ever before. The bill addresses the VA's failure to properly budget and account for enrollment growth and staffing costs, which resulted in a $15 billion shortfall for FY24 and FY25. 9 Billion Supplemental Funds Request for FY 2024 to Support Veterans’ Benefits Payments | Department of Veterans Affairs OIG Jul 18, 2024 · The Department of Veterans Affairs expects to be nearly $15 billion short of what it needs to pay for benefits and health care this year and next, in part because more veterans are using VA Sep 19, 2024 · VA needed emergency funding by Friday to avoid delays in compensation and pension benefit payments that go to 7 million veterans and their survivors. dccnrxd jjbduy vvpgba vfzqy dojebwa objtv jad otafds fms mcalpqylo ncycd guux fqusdd crgyj prwsja