Bloomberg by the Numbers: $17 Billion

Robert "Bob" McDonald, former chief executive officer of Procter & Gamble Co., with a copy of the "Department of Veterans Affairs Strategic Plan Framework" while testifying during a nomination hearing before the Senate Veterans Affairs Committee in Washington, D.C., on July 22, 2014.

Photograph by Pete Marovich/Bloomberg

Robert “Bob” McDonald, former chief executive officer of Procter & Gamble Co., with a copy of the “Department of Veterans Affairs Strategic Plan Framework” while testifying during a nomination hearing before the Senate Veterans Affairs Committee in Washington, D.C., on July 22, 2014.

That’s the cost of a compromise bill that would address problems in the Veterans Administration’s health-care service.

The legislation “makes certain that we address the immediate crisis of veterans being forced onto long waiting lines for health care,” Sen. Bernie Sanders, a Vermont independent, said yesterday with the bill’s other author, Florida Republican Rep. Jeff Miller.

Bloomberg’s Michael C. Bender and Derek Wallbank have details about the bipartisan accord, which comes as former Procter & Gamble Co. Chief Executive Officer Bob McDonald prepares to make changes at the troubled agency. President Barack Obama nominated McDonald as VA secretary on June 30, and he’s a shoo-in to be confirmed by the full Senate.

Click here to watch the Sanders-Miller news conference.

 

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