VA Announces Stimulus Spending

WASHINGTON (AP) — The Veterans Affairs Department says it will issue a one-time payment of $250 to qualifying veterans as part of its stimulus spending.

The VA announced Thursday it will spend more than $1.4 billion in stimulus money as part of President Barack Obama’s economic recovery plan. Funding will also go to hire and train 1,500 temporary claims processors to help reduce a six-month backlog in disability claims.

The $250 payments will be issued as early as June 2009. To be eligible, a veteran must have received a qualifying compensation between November of last year and January.