{"id":141993,"date":"2023-05-28T11:04:24","date_gmt":"2023-05-28T15:04:24","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=141993"},"modified":"2023-05-28T11:04:24","modified_gmt":"2023-05-28T15:04:24","slug":"default-could-have-catastrophic-effects-for-veterans","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=141993","title":{"rendered":"Default could have catastrophic effects for veterans"},"content":{"rendered":"<p style=\"text-align: center\"><a href=\"https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-141994\" src=\"https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting-300x300.jpg 300w, https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting-333x333.jpg 333w, https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting-150x150.jpg 150w, https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting-768x768.jpg 768w, https:\/\/www.azuse.cloud\/wp-content\/uploads\/2023\/05\/Veterans-Administration-Hospital-in-tropical-setting.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Denis McDonough, VA Secretary, said that a default on the debt on June 1 could impact VA payments, and that this would be &#8220;catastrophic&#8221;. McDonough pointed to the $12 billion in benefits expected to be paid to Veterans on June 1, roughly 7.1 million payees. McDonough also mentioned the other payments that could be impacted, including the payments to health providers, contractors, pharmacies, etc.<\/p>\n<p><strong><span style=\"color: #0000ff\">From Military.com:<\/span><\/strong><\/p>\n<blockquote><p>The debt ceiling or debt limit is the amount of money the Treasury Department can borrow to pay the nation&#8217;s bills. The exact timing of when the U.S. would default is unknown, as the amount of cash the Treasury has on hand is dependent on how much tax revenue it receives, but Treasury Secretary Janet Yellen has warned it could happen as soon as June 1.<\/p>\n<p>House Republicans have demanded spending cuts in exchange for lifting the ceiling, while the White House has argued that negotiations on cuts should come after the ceiling is raised to ease economic turmoil and preserve the country&#8217;s credit rating.<\/p>\n<p>The two sides have been in talks, with House Speaker Rep. Kevin McCarthy, R-Calif., saying Wednesday that negotiators were heading to the White House to continue the discussions. He added, however, that both sides are &#8220;still far apart,&#8221; according to The Associated Press.<\/p>\n<p>&#8220;I&#8217;m hoping we can make progress,&#8221; McCarthy said.<\/p>\n<p>McDonough has been at odds with Republican lawmakers since the VA issued a press release in April discussing the potential impact of a GOP budget proposal to reduce overall government funding by 22%.<\/p>\n<p>McDonough has maintained that such cuts would reduce programs for veterans, including health care services and benefits.<\/p>\n<p>Republicans say they never had any intention to cut VA funding and accused the VA of politicizing budget discussions, noting that the Republican-led House is considering appropriations legislation that would cover the president&#8217;s request for the VA for fiscal 2024, roughly $320 billion.<\/p><\/blockquote>\n<p>Military.com has additional <a href=\"https:\/\/www.military.com\/daily-news\/2023\/05\/24\/va-issues-new-warning-default-could-have-catastrophic-effects-veterans.html\">information<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denis McDonough, VA Secretary, said that a default on the debt on June 1 could impact &hellip; <a title=\"Default could have catastrophic effects for veterans\" class=\"hm-read-more\" href=\"https:\/\/www.azuse.cloud\/?p=141993\"><span class=\"screen-reader-text\">Default could have catastrophic effects for veterans<\/span>Read more<\/a><\/p>\n","protected":false},"author":661,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[238,86,118,143],"tags":[],"class_list":["post-141993","post","type-post","status-publish","format-standard","hentry","category-government-incompetence","category-veteran-health-care","category-veterans-issues","category-veterans-affairs-department"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/141993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=141993"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/141993\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=141993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=141993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=141993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}