On July 21, 1930, the Veterans Administration was formed. From the article:
"The United States Department of Veterans Affairs (VA) is a federal Cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country; several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance; and provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries.
While veterans benefits have been provided since the American Revolutionary War, an exclusively veteran-focused federal agency, the Veterans Administration, was not established until 1930, and became the cabinet-level Department of Veterans Affairs in 1989.
The VA employs 377,805 people[1] at hundreds of Veterans Affairs medical facilities, clinics, benefits offices, and cemeteries. In Fiscal Year 2016 (1 Oct 2015 – 30 Sep 2016), net program costs for the department were $273 billion, which includes VBA Actuarial Cost of $106.5 billion for compensation benefits.[2][3] The long-term actuarial accrued liability (total estimated future payments for veterans and their family members) is $2.491 trillion for compensation benefits; $59.6 billion for education benefits; and $4.6 billion for burial benefits.[4]
The agency is led by the Secretary of Veterans Affairs, who—being a cabinet member—is appointed by the President with the advice and consent of the Senate."