A bill to amend title 38, United States Code, to liberalize the provisions relating to payment of dependency and indemnity compensation, and for other purposes.

Provides that dependency and indemnity compensation shall be paid to a widow, based on the pay grade of her deceased husband. Sets forth the monthly rates to be paid.

Provides that the dependency and indemnity compensation paid monthly to the widow shall be increased by $25 for each child, below the age of eighteen, of a deceased veteran. Makes an additional compensation of $63 monthly to the widow if she is (1) a patient in a nursing home or (2) helpless or blind, or so nearly helpless or blind as to need or require the regular aid and attendence of another person.

Makes provisions for compensation for children of a deceased veteran whenever there is no widow entitled to such compensation.

Increases other rates of compensation included in Veterans' Benefits.