Grants to Veterans: an American Tradition
Movement for World War II Soldier Bonus
New Bills for payment of a bonus to veterans of World War II will be introduced in both houses at the opening of the 80th Congress in January, 1947. Whether bonus legislation is enacted by the new Congress will depend upon changes in the general level of economic activity during its two year term of service. That a bonus will ultimately be authorized for the men and women who served in World War II appears to be accepted as a foregone conclusion. A sharp postwar recession would generate pressure for immediate action by Congress; a continuation of full employment might postpone passage of a bonus bill until well after the 1948 presidential election.