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Tuesday, February 15, 2011

Veterans Affairs: Historical Budget Authority, Fiscal Years 1940 Through 2010


Christine Scott
Specialist in Social Policy

Budget authority—the amount of money a federal department or agency can spend or obligate to spend by law—for veterans’ benefits and services has increased significantly since FY1940. In FY1940, the budget authority for veterans’ benefits and services was $561.1 million, and in FY2010 the budget authority was $112.7 billion, or 200.8 times the FY1940 budget authority. In constant 2010 dollars (i.e., inflation-adjusted), the FY2010 budget authority is 12.9 times the FY1940 budget authority. The increases over time have reflected the impact of increases in the number of veterans as the result of wars and other conflicts, the aging of the veteran population, and changes in benefits and services provided for veterans. This report provides information on the historical budget authority of the Department of Veterans Affairs (formerly the Veterans Administration) for FY1940 through FY2010. Budget authority is presented in both current dollars and constant 2010 dollars (i.e., inflation-adjusted).


Date of Report: January 20, 2011
Number of Pages: 7
Order Number: RS22897
Price: $19.95

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