Veterans care funded by closing tax loopholes, not cutting benefits
The Take Care of America's Veterans Act would fund nearly 60 veterans health and support programs by closing tax loopholes, not by cutting disabled veterans' benefits, countering GOP offset proposals.
Senators Blumenthal and Takano argue that the Take Care of America's Veterans Act, up for a House vote this week, provides a concrete alternative to GOP efforts that would slash disability compensation for 2.7 million veterans to pay for the same programs. The bill funds expanded veterans' healthcare, caregiver support, and toxic exposure treatment by closing tax loopholes on wealthy estates and corporate inversions—not by taking benefits from disabled heroes. This reframe exposes the false choice: Congress can fund veterans' care without sacrificing the PACT Act's promises, but only if it chooses revenue-raising offsets over benefit cuts.
The humanitarian alternative
Congress should pass the Take Care of America's Veterans Act as drafted, which pairs $X billion in veterans program funding with revenue from closing the stepped-up basis loophole and limiting corporate tax inversions. This approach honors the PACT Act's commitment to veterans of all eras without harming disabled veterans' earned benefits, and it sets a precedent that military service should not be paid for by the most vulnerable.
Falsifiable predictions
What this entry claims will happen, and what data would prove it wrong. The Reckoner revisits these against current reality.
- House passage of the Take Care of America's Veterans Act with benefit offset provisions would trigger a lawsuit from veterans service organizations within 60 days.
Original source — excerpted
news SEN. BLUMENTHAL, REP. TAKANO: Congress can fund veterans’ care without taking benefits from disabled heroes"NEW You can now listen to Fox News articles! This week, the House will vote on the Take Care of America’s Veterans Act. This legislation includes nearly 60 b..."