W YORK (CNNMoney) — After more than a decade of continuous warfare, the cost of disability compensation for wounded veterans is surging to mammoth proportions.
The U.S. Department of Veterans Affairs expects to spend $57 billion on disability benefits next year. That’s up 25% from $46 billion this year, and nearly quadruple the $15 billion spent in 2000, before the wars in Iraq and Afghanistan began.
“This is the cost of going to war,” said Larry Korb, a senior fellow at the Center for American Progress who served as assistant secretary of defense during the Ronald Reagan administration.
For more on this story, visit: A cost of war: Soaring disability benefits for veterans – Apr. 27, 2012.