May 25 2017
WASHINGTON – U.S. Senators Lindsey Graham (R-South Carolina), Tom Cotton (R-Arkansas), Richard Blumenthal (D-Connecticut) and Ed Markey (D-Massachusetts) introduced a bill that would increase pensions for Medal of Honor recipients.
The Medal of Honor is the highest award for valor in action against an enemy force which can be bestowed upon an individual serving in the Armed Services of the United States. Generally presented to its recipient by the President of the United States of America in the name of Congress.
The senators noted these American heroes often attend and speak at events about their military service at their own expense. This increase will allow them to tell their stories even more broadly. In addition, it’s been fifteen years since the last stipend increase was passed in 2002.
Currently, there are 72 living Medal of Honor recipients.
The Graham-Cotton-Blumenthal-Markey bill would:
- Increase the Medal of Honor pension from $1,303.51 to $3,000 a month.
- Provide necessary funding to allow Medal of Honor recipients to share their personal stories in even more character development programs and speaking engagements.
- Cost approximately $15 million over a 10-year period.