[Congressional Record Volume 168, Number 20 (Tuesday, February 1, 2022)]
[House]
[Page H326]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SENIOR CITIZENS WANT TO WORK
(Mr. GROTHMAN asked and was given permission to address the House for
1 minute.)
Mr. GROTHMAN. Mr. Speaker, I would like to encourage the body to pass
the Senior Independence Act.
When I was back home over the last week, as I toured my businesses,
wherever I went--be it in agriculture, tourism, transportation,
manufacturing, or retail--businesses all had the same problem. They
couldn't find enough people to work. They suggested I look at a change
in Social Security law.
Social Security is great, but currently under Social Security law--
and kind of a mistake that Franklin Roosevelt made in the original way
it was proposed--as soon as you make $19,500, you wind up losing a
dollar for every additional $2 you earn. This is causing people who
would like to work more to stop working because the tax rate is just
too high.
It is time to pass the Senior Independence Act and move toward the
point where you can make up to $30,000 before they take away your
money, allowing more independence for our seniors and more labor for
our businesses.
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