Monday, June 30, 2008

Bush signs war funding, GI Bill overhaul

Bush signs war funding, GI Bill overhaul

By Rick Maze - Staff writer
Posted : Monday Jun 30, 2008 10:17:41 EDT

A $162 billion war funding bill that includes a $63 billion overhaul of GI Bill education benefits was signed Monday by President Bush.

“The bill shows even in an election year, Republicans and Democrats can come together to stand behind our troops,” Bush said, predicting the GI Bill increases would be a boost to military recruiting and also a boon to families if educational benefits are transferred to family members.

The signing of HR 2642 brings an end to a Pentagon cash-flow crisis that threatened to disrupt military and civilian payroll, cancel or delay maintenance, and postpone nonessential training and travel.

And, for the first time since the Vietnam War, there will be a completely free veterans’ education benefit program that pays enough to fully cover the cost of getting a four-year college degree.

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