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While there is near political unanimity on the need for the legislation, some experts warn the long-term budget implications are getting short shrift.
Unless lawmakers are more careful in hammering out the final version of the legislation, they say, Congress may be en route to creating a new open-ended entitlement costing an additional $50 billion a year, based on a preliminary and partial Congressional Budget Office estimate.
While there is near political unanimity on the need for the legislation, some experts warn the long-term budget implications are getting short shrift.
Unless lawmakers are more careful in hammering out the final version of the legislation, they say, Congress may be en route to creating a new open-ended entitlement costing an additional $50 billion a year, based on a preliminary and partial Congressional Budget Office estimate.
- See more at: http://www.thefiscaltimes.com/Articles/2014/06/15/VA-Bill-Means-New-50-Billion-Entitlement#sthash.ViXdtKnW.dpuf