What is the 'U.S. Department of Veterans Affairs'

The U.S. Department of Veterans Affairs, established in 1988 by President Ronald Reagan, elevated the previous Veterans Administration to a Cabinet-level executive department, giving it a new name that allowed it to still be referred to by its longtime acronym, the “VA.” It comprises three administrations – the Veteran's Health Administration, evolved from the first federal solder's facility established for veterans of the Union Army after the Civil War and later joined by a system of veterans hospitals, clinics and nursing home units; the Veterans Benefits Administration, which supervises the VA Home Loan Guaranty Program and other benefits, including employment and education; and the National Cemetery Administration, which runs 147 national cemeteries across the country.

BREAKING DOWN 'U.S. Department of Veterans Affairs'

The U.S. Department of Veterans Affairs' roots stretch back to 1636 when the Pilgrims of Plymouth Colony voted that the Colony would support soldiers disabled by its war with the Pequot Indians, according to their website. During the Revolutionary War, the Continental Congress of 1776 enacted pensions for disabled soldiers; in the 19th century, support was extended to widows and dependents. Veterans' benefits expanded further during World War I, with the first consolidation of World War I veterans' programs occurring in 1921 when Congress created the Veterans Bureau. In 1930, President Herbert Hoover elevated the Bureau to a federal administration.

The President's 2017 budget includes $182.3 billion for the VA, which employed 366,343 people as of December 2015, according to the U.S. Office of Personnel Management (OPM). The VA is headed by the United States Secretary of Veterans Affairs. On March 28, 2018, Robert Wilkie was named by President Trump to serve as the Acting Secretary of Veterans Affairs. As the VA website states, Wilkie is "the principal advisor to the Secretary and Deputy Secretary of Defense for Total Force Management as it relates to readiness; National Guard and Reserve component affairs; health affairs; training; and personnel requirements and management, including equal opportunity, morale, welfare, recreation, and the quality of life for military families."

VA Core Values and Characteristics

The U.S. Department of Veterans Affairs, like many other organization, follows a mission statement, which declares that the VA's mission is to "care for those who shave have borne the battle and for their families and survivors." The values that the VA follows match its mission. The VA has 5 values, which go by the acronym "I CARE:" Integrity, Commitment, Advocacy, Respect and Excellence. According to the VA's website, these values provide a baseline for the standards of behavior expected of all VA employees.

  1. Veterans Administration

    Now a U.S. cabinet department that provides patient care, veterans' ...
  2. VA Loan

    A VA loan is a mortgage loan available through the US Department ...
  3. Servicemen's Readjustment Act

    The Servicemen's Readjustment Act gives benefits to military ...
  4. Transfer Payment

    Transfer payments, in the United States, are payments made to ...
  5. Department Of Labor (DOL)

    The Department of Labor is a cabinet-level U.S. agency responsible ...
  6. War Economy

    War economy is the organization of a country's production capacity ...
Related Articles
  1. Personal Finance

    How to Buy a House With a VA Loan

    Discover the process, requirements and eligibility for securing financing for a home purchase with a Veteran's Administration (VA) mortgage.
  2. Personal Finance

    Financial Careers After Military Service

    Experience and knowledge gained in the military can transfer over to many business and finance jobs.
  3. Insurance

    How a Death Benefit in a Variable Annuity Works

    A look at how the death benefit in a variable annuity works.
  4. Personal Finance

    Economic Effects Of Life After Military Service

    The end of operations in Iraq and Afghanistan will have an impact on the economy. Discover how.
  5. Retirement

    Variable Annuity Benefits: What The Fine Print Won't Tell You

    Learn the truth before you strap yourself into these annuity "seat belts".
  6. Investing

    What Does the HUD Secretary Do?

    The HUD is responsible for the living conditions of millions of Americans.
  7. Investing

    Uncle Sam Gives IBM Another Watson Health Win

    It was just on Monday that IBM (NYSE: IBM) announced a deal with the Melanoma Institute of Australia to utilize the advanced cognitive computing capabilities of its research team to analyze ...
  8. Personal Finance

    How to Fill out Family and Medical Leave Forms

    Paperwork for the Family and Medical Leave Act (FMLA) may be laborious, but it can be key to getting that time off from work when you need it the most.
  9. Retirement

    Can Retirees Live in Military Housing?

    If you are retired from the armed forces but still want to live in military housing, you may be in luck.
  10. Insights

    Trump Budget Funds Pentagon with Cuts to Health, Aid

    "This is a hard-power budget, not a soft-power budget."
Trading Center