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house Bill H. Res. 328

Should the House Express Support for Financial Literacy Education for Senior Citizens?

Argument in favor

Financial crimes against senior citizens are on the rise, and better-educating seniors about personal finance will help combat these crimes.

SneakyPete's Opinion
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04/30/2019
EDUCATING OUR SENIORS ON THEIR FINANCIAL AFFAIRS IS A PLUS I’m in agreement that Financial crimes are rising dramatically against senior citizens and it’s a beneficial great step to provide means which will better-educate our seniors about their personal finance and will help combat these crimes. SneakyPete.......... 4*30*19..........
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Hiro9's Opinion
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04/30/2019
Seniors are especially vulnerable to online white collar financial schemes. The CFPB needs to be fully funded & staffed to protect seniors & all victims of predatory financial practices. So of course the Trump administration had Mick Mulvaney gut it.
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Rob's Opinion
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05/01/2019
This should be for everyone. Schools don't teach how to use finances. Elderly are our most vulnerable
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Argument opposed

This is a meaningless, non-binding resolution that doesn’t do anything to address the problems it identifies. It’d be better for Congress to spend its time considering bills that do something to solve problems.

Cherie65's Opinion
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04/30/2019
What a bunch of hooey! Local community volunteers educating seniors won't take much time or any money-we are still cognizant of our surroundings and teachable which a quick class would accomplish. More democrat silliness supporting but not doing anything worthwhile.
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IllWill's Opinion
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04/30/2019
Again, non-binding toothless legislation like this does nothing. Congress should actually provide funding for these programs rather than passing bills like this that allow them to pretend like they’re actually doing something.
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Tanny's Opinion
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04/30/2019
It’s not an enumerated Federal power in the United States Constitution. Therefore it is unconstitutional.
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simple resolution Progress


  • The house Passed April 30th, 2019
    Roll Call Vote 411 Yea / 6 Nay
      house Committees
      Committee on Financial Services
    IntroducedApril 25th, 2019

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    EDUCATING OUR SENIORS ON THEIR FINANCIAL AFFAIRS IS A PLUS I’m in agreement that Financial crimes are rising dramatically against senior citizens and it’s a beneficial great step to provide means which will better-educate our seniors about their personal finance and will help combat these crimes. SneakyPete.......... 4*30*19..........
    Like (26)
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    What a bunch of hooey! Local community volunteers educating seniors won't take much time or any money-we are still cognizant of our surroundings and teachable which a quick class would accomplish. More democrat silliness supporting but not doing anything worthwhile.
    Like (16)
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    Seniors are especially vulnerable to online white collar financial schemes. The CFPB needs to be fully funded & staffed to protect seniors & all victims of predatory financial practices. So of course the Trump administration had Mick Mulvaney gut it.
    Like (21)
    Follow
    Share
    Again, non-binding toothless legislation like this does nothing. Congress should actually provide funding for these programs rather than passing bills like this that allow them to pretend like they’re actually doing something.
    Like (15)
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    Financial literacy should start in 4th grade
    Like (10)
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    This should be for everyone. Schools don't teach how to use finances. Elderly are our most vulnerable
    Like (10)
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    It’s not an enumerated Federal power in the United States Constitution. Therefore it is unconstitutional.
    Like (8)
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    Everyone should be more aware of how to move money and where it goes.
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    Seniors are often vulnerable and taken advantage of because of their retirement savings. They must be protected!
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    Is that all they know is to waste taxpayers money? They already wasting time and money on investigations of Trump! Democrats should have to pay taxpayers back! How about reducing the national debt! Defund Planned Parenthood and all these organizations that can raise money on own! How about immigration? How about the American workers? Thierr other things more important!
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    This is a resolution that goes nowhere! What a complete waste of taxpayers money. Anyone that voted Yea for this should be voted out of office! Pathetic!!
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    Protecting our Senior Citizens from PREDATORS Should be a priority.
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    Who cares if the house supports something or not? What a colossal waste of time and money stolen from the taxpayers. How about doing something meaningful like cutting taxes and repealing regulations?
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    just because you are a senior doesn't mean you don't have opinion regardsless of your age,
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    Many of our seniors are surviving widows. Many grew up and married in a time when their spouse handled the finances. Since there is a preponderance of wives outliving their husbands. Many are unfamiliar with their financial assets and their existence and management.
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    As a senior citizen, I absolutely support this. Actually we must have consumer protection for all citizens.
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    Too many seniors get ripped off by scams and other sick people like that. Seniors need all the help they can get
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    Sure in exchange for 🎯 taxing income from investments like income from work. Billionaires like Warren Buffett pay a lower tax rate than millions of Americans because federal taxes on investment income (unearned income) are lower than the taxes many Americans pay on salary and wage income (earned income). Because Buffett gets a high percentage of his total income from investments, ⁉️ he pays a lower income tax rate than his secretary. Currently, the top statutory tax rate on investment income is just 23.8%, but it’s 43.4% on income from work. To reduce this inequity, we should raise tax rates on capital gains and dividends so they match the tax rates on salaries and wages. These loopholes lose $1.3 trillion over 10 years.
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    Helping anyone read is common sense
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    This looks like a bunch of hooey.
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