WASHINGTON, Dec. 16 -- Sen. Angus King issued the following press release:
U.S. Senators Angus King (I-ME), a member of both the Senate Armed Services Committee (SASC) and Senate Veterans' Affairs Committee (SVAC), John Cornyn (R-TX), Maggie Hassan (D-NH) and Ted Cruz (R-TX) are celebrating the signing into law of their bipartisan bill, which to help adjust military life insurance for servicemembers and their families to account for cost-of-living increases and inflation.
The Fairness for Servicemembers and their Families Act will help ensure the maximum group insurance available to servicemembers and veterans account for increases in cost of living. From 2006 to 2023, the maximum insurance value available for servicemembers and veterans ...