Occasionally I will hear or read someone assert something like, “Every veteran should get 100%!” When they refer to “100%” they mean having a disability rating from the Veterans Benefits Administration at the 100% level.
I read just such an assertion on a forum yesterday and it got me thinking, “I wonder how much that would cost?” So I did a little quick research and some math. Here’s what I found:
There are currently about 3.7 million Veterans receiving disability compensation. The total amount of compensation received per year by those Veterans is about $50 billion.
A Veteran rated at 100% receives an average of $38,373 per year (tax-free).
There are 22 million Veterans in the United States. If each of them received 100% compensation, the total amount would be $844,225,000,000 (844
trillion billion, 225 billion million dollars).
I asked the guy who posted his assertion on the forum: “How would you persuade the taxpayers of the United States to increase disability compensation by $844 billion per year?”