The creation of a fourth veterans administration - this one aimed at employment programs, education and military transition - advanced in the House in late July, according to a Military Times report.
Groups such as the Student Veterans of America and the American Enterprise Institute have supported the plan to create the Veterans Economic Opportunity Administration.
You're probably asking why, considering Veterans Affairs already operates the Veterans Benefits Administration, Veterans Health Administration and the National Cemetery Administration. Military Times' Leo Shane III cited concerns the VBA in particular “is too overwhelmed with disability compensation and pension claims to focus on education programs, post-military jobs efforts and a host of other resources.”
The Veterans Economic Opportunity Administration is expected to include in its mission: housing loans, education assistance and employment programs.
A potential sticking point for many servicemembers and veterans alike is that, in order to fund the creation of the new administration, the House legislation calls for a temporary fee on refinancing VA home loans.
While MOAA supports the new administration's core mission, adding another home loan fee is not the right way to fund it, said Col. Dan Merry, USAF (Ret.), MOAA's Vice President of Government Relations.
“We understand the need to create a focused level of effort to assist veterans through transition and into viable education programs that result in tangible employment opportunities,” Merry said. “Once again, and disappointingly, the costs associated with such stand-up efforts are directly imposed on the beneficiaries themselves - other veterans who are trying to refinance their homes. While we support causes such as this, we are not supportive of the method.”