Skip to main content

Trump Budget Proposal to Slash Veteran Benefits

President Trump’s budget proposal would increase spending across the Department of Veterans Affairs, but it would also slash individual unemployment veteran benefits over the next ten years by more than $40.8 billion.

The budget proposal states that the number of veterans who receive these benefits has tripled since 2000, and almost two-thirds of veterans receiving benefits are over age 60.

The document explains: “Under this proposal, veterans eligible for Social Security retirement benefits would have their IU terminated upon reaching the minimum retirement age for Social Security purposes, or upon enactment of the proposal if the veteran is already eligible to receive Social Security retirement benefits.”

However, veterans who are unemployed cannot contribute to Social Security, so their benefits will be substantially lower upon reaching retirement age.