03/31/2025 --benzinga
MURPHYSBORO, Ill., March 31, 2025 (GLOBE NEWSWIRE) -- Last week Congressman Mike Bost chaired the House Committee on Veterans' Affairs on hearings raised by the subcommittees on Technology Modernization, Disability Assistance, and Memorial Affairs, Oversight and Investigations, with an abrupt ‘testimony disclosure form' and intervention brief, inclusive of a generative ‘AI infomercial' presented by Veterans Recovery Network, merely asking for Congress to re-affirm that Uncle Sam's credit marker 'is still good' as to the PACT Act's unconditional guarantee under the United States Code.CLJA 400K CLUB CLAIM ACKNOWLEDGMENTIn January, the Navy JAG Claims Unit acknowledged a unique group of CLJA claimants under a single claim filed by Veterans Recovery Network pursuant to Section 804 of the PACT Act of 2022 (Elective Option), relative to over 400,000 military veterans, who what the Internal Revenue Service currently knows as the VRN Member Club CLJA Settlement Trust, classifying each veteran member as a beneficiary.UNCLE SAM'S PACT ACT GUARANTEEIn 2023, Department of Navy, then supported by the U.S. Department of Justice to mitigate claim processing, affirmed that the CLJA claim settlement option (EO) assures anyone with a valid claim filed before the August ‘24 deadline with disease or cancer to which the ATSDR has linked possible evidence of causation, including multiple myeloma, Parkinson's disease, kidney disease, renal disease, systemic sclerosis/systemic scleroderma, would receive a settlement payment of $400,000, $250,000, or $100,000, depending on whether the claimant was exposed to Camp Lejeune water ...Full story available on Benzinga.com