OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Achieving a Better Life Experience Act of 2014

Floor Speech

Date: Dec. 3, 2014
Location: Washington, DC
Issues: Senior Citizens Entitlements and the Safety Net Taxes Finance and Banking Health Insurance

Mr. BECERRA. Mr. Speaker, It's a laudable and worthy goal to incentivize savings and ensure that families of individuals with disabilities have access to the resources they need. But Congress has a responsibility to ensure that limited resources benefit those who need the help the most. Unfortunately, this bill is yet another example of an upside-down tax code that provides the greatest benefits to those of greatest means, not to middle class families living paycheck to paycheck.

Additionally, as AARP has noted in the attached letter, "establishing the ABLE program should not be achieved by tapping into Medicare savings.'' Using Medicare savings to offset non-health related programs sets a dangerous precedent. While there are elements to this bill that both sides can agree on, this bill takes one step forward and two steps back.

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