[Congressional Record Volume 141, Number 1 (Wednesday, January 4, 1995)]
[Extensions of Remarks]
[Page E23]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                   SOCIAL SECURITY EARNING TEST REPEAL

                                 ______


                             HON. BOB STUMP

                               of arizona

                    in the house of representatives

                       Wednesday, January 4, 1995
  Mr. STUMP. Mr. Speaker, I am reintroducing legislation today to 
repeal the Social Security earnings test. As many of my colleagues 
know, the earnings test is one of the most unfair features of the 
Social Security law--limiting what Social Security recipients may earn 
and subjecting such recipients to what amounts to effective marginal 
tax rates of 50 percent or higher.
  The earnings test affects only recipients who must work. Those who 
rely upon investment income to supplement their Social Security are not 
affected. Only those who choose or are forced to return to the work 
force face reduction or loss of their benefits.
  Mr. Speaker, the work ethic should not end at age 62. Older people 
who wish to remain self sufficient through their own labors should not 
have to face a loss of their benefits. Nor should the Nation face the 
loss of the immeasurable talent and experience older workers bring to 
the work force. It is past time to repeal the Social Security earnings 
test.


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