12 February 2014

Breaking: The US Senate to repeal the Military COLA Cut | RallyPoint.com

By Courtney Coren
Copyright 2014 Newsmax.com

Republican Sen. Lindsey Graham of South Carolina says he's 99 percent sure the cut to the annual cost-of-living adjustments of military pensions included in the budget agreement passed in December will be repealed Wednesday in the Senate.

"I am highly confident that we will take the House-passed COLA fix, bring it to the floor of the Senate — and it is paid for beginning in April — and it will be an overwhelming vote to get this behind us," Graham said Tuesday on the Hugh Hewitt radio show.

Republicans were trying to include the fix to military pension cuts in the bill to increase the debt ceiling, but after House Speaker John Boehner and House Majority Leader Eric Cantor were not able to get enough votes to pass the measure, Boehner opted to have a vote on a clean bill that didn't tie the debt ceiling to any other policies.

The House passed the COLA bill after some heated debate between party leaders Tuesday on  a 326-90 vote, getting the two-thirds it needed because it had been put on the suspension calendar.

"It's a technical issue," Graham told Hewitt. "The House passed the COLA bill that basically sets aside the military COLA reduction. It's paid for by extending sequestration a year. But the pay-for doesn't score until April the 15th, so this is a technicality."

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