[Congressional Record Volume 140, Number 57 (Wednesday, May 11, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: May 11, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
SUPPORT THE OLDER AMERICANS FREEDOM TO WORK ACT
(Mr. MANZULLO asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. MANZULLO. Madam Speaker, today is a monumental step for our
Nation's seniors.
I want to commend my colleagues who have joined my good friend, the
gentleman from Illinois [Mr. Hastert], and signed the petition that
would discharge the rule and allow H.R. 300, the Older Americans
Freedom To Work Act, to be debated before the full House.
Mr. Speaker, seniors between 65 and 70 with private pensions are not
penalized if they earn more than $11,160 annually. Why should seniors
living on Social Security be penalized?
I know firsthand how important this legislation is. I have a senior
constituent, Bess Marsala from Rockford, IL, who calls our office once
a week to find out if there is any movement on H.R. 300. Today I will
have some good news for her.
She will be able to go back to work and not worry about the current
earnings test restrictions which would cause her to loss $1 of Social
Security benefits for every $3 she earns over $11,160 annually. This
puts her at a tax rate of 56 percent. H.R. 300 will allow Bess to earn
up to $30,000 annually and keep her full Social Security benefits.
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