what does g.i. stand for in gi bill
General Issue Government Issue
title: G.I. Bill text: G.I. Bill The Servicemen's Readjustment Act of 1944, also known as the G.I. Bill, was a law that provided a range of benefits for returning World War II veterans (commonly referred to as G.I.s). It was designed by the American Legion, who helped push it through Congress by mobilizing its chapters (along with the Veterans of Foreign Wars); the goal was to provide immediate rewards for practically all World War II veterans. The act avoided the highly disputed postponed life insurance policy payout for World War I veterans that caused political turmoil for a decade and a half after that title: G.I. Bill text: million to attend colleges or universities and an additional 5.6 million for some kind of training program. Historians and economists judge the G.I. Bill a major political and economic success—especially in contrast to the treatments of World War I veterans—and a major contribution to America's stock of human capital that encouraged long-term economic growth. Canada operated a similar program for its World War II veterans, with a similarly beneficial economic impact. Since the original U.S. 1944 law, the term has come to include other benefit programs created to assist veterans of subsequent wars as well as peacetime service. During the title: G.I. Bill text: Bill was low interest, zero down payment home loans for servicemen, with more favorable terms for new construction compared to existing housing. This encouraged millions of American families to move out of urban apartments and into suburban homes. Another provision was known as the 52–20 clause for unemployment. Unemployed war veterans would receive $20 once a week for 52 weeks for up to one year while they were looking for work. Less than 20 percent of the money set aside for the 52–20 Club was distributed. Rather, most returning servicemen quickly found jobs or pursued higher education. The original G.I. title: G.I. Bill text: veterans, and their families. In 2017, President Donald Trump signed the Forever GI Bill extending the allowable time period for veterans to pursue educational opportunities. On June 22, 1944, the Servicemen's Readjustment Act of 1944, commonly known as the G.I. Bill of Rights, was signed into law. During the war, politicians wanted to avoid the postwar confusion about veterans' benefits that became a political football in the 1920s and 1930s. Veterans' organizations that had formed after the First World War had millions of members; they mobilized support in Congress for a bill that provided benefits only to veterans of military title: G.I. Bill text: and correspondence courses. Congress, in the summer of 2008, approved an expansion of benefits beyond the current G.I. Bill program for military veterans serving since the September 11, 2001 attacks originally proposed by Democratic Senator Jim Webb. Beginning in August 2009, recipients became eligible for greatly expanded benefits, or the full cost of any public college in their state. The new bill also provides a housing allowance and $1,000 a year stipend for books, among other benefits. The VA announced in September 2008 that it would manage the new benefit itself instead of hiring an outside contractor after protests by