[Congressional Record Volume 141, Number 62 (Tuesday, April 4, 1995)]
[House]
[Page H4115]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


          REPUBLICAN TAX REFORM BENEFICIAL TO SENIOR CITIZENS

  (Mr. ENGLISH of Pennsylvania asked and was given permission to 
address the House for 1 minute.)
  Mr. ENGLISH of Pennsylvania. Mr. Speaker, while H.R. 1215, the 
Republican tax program, helps working families, promotes economic 
growth, and creates jobs, it also helps millions of working senior 
citizens.
  Current law imposes harsh penalties on senior citizens, particularly 
those who continue to work beyond the age of 65.
  Today working seniors face higher, more punishing tax rates than 
millionaires in our tax system. Currently seniors who work after age 65 
lose $1 in Social Security benefits for every $3 they earn above 
$11,280.
  These are not rich people. The Social Security earnings limitation 
has pushed many older Americans out of the work force and slowed 
economic growth. H.R. 1215 increases the earnings limitation by almost 
$19,000 to $30,000, thereby eliminating the bias against older 
Americans who want to remain attached to the work force and it does so 
without increasing the deficit.

                          ____________________