[Congressional Record Volume 141, Number 193 (Wednesday, December 6, 1995)]
[Extensions of Remarks]
[Page E2298]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          PERSONAL EXPLANATION

                                 ______


                         HON. ENID G. WALDHOLTZ

                                of utah

                    in the house of representatives

                      Wednesday, December 6, 1995

  Mrs. WALDHOLTZ. Mr. Speaker, on Rollcall No. 837 I was unavoidably 
detained and I was unable to cast my vote. Had I been present, I would 
have voted ``yea.''
  Mr. Speaker, I strongly support the Senior Citizens Right to Work Act 
of 1995. This bill removes the penalty for seniors who choose to work 
in their later years by raising the Social Security earnings limit. 
Under current law, seniors lose $1 in Social Security benefits for 
every $3 they earn above $11,280. When you add FICA and Federal income 
taxes, seniors are hit with a tax rate of over 55 percent, a higher 
rate than millionaires pay. This bill removes that penalty by 
safeguarding Social Security benefits of seniors earning up to $30,000, 
rewarding--rather than punishing--working seniors.

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