I just retired in June. From what I understand the only “cut” is that the cost of living raise will not be as much as usual but only for “working age” veterans. I’m not crazy about the idea but I can deal with it. Unlike the government I budget my money carefully and don’t spend more than I take in.
I only wish that they would cut other areas also. Such as welfare and a whole bunch of stupid so called “entitlement” programs.
They are cutting the COLA for retirees and disabled vets so that they don’t have the cut welfare or benefits for illegals.