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Congressman Posey introduced legislation to eliminate a generous death benefit set aside for the family of Members of Congress who pass away during the term of their service. The Congressional death gratuity was initially intended decades ago as a form of life insurance for families of Members of Congress. The benefit in the amount of an entire year’s salary is payable to the survivor of… Read more »

Congressman Posey introduced legislation to ensure the timely payment of Social Security benefits to senior citizens by requiring that Social Security checks be sent to seniors even if the federal government reaches the statutory debt limit. The Social Security Check Guarantee Act is intended to reassure senior citizens that the government is obligated to pay their social security… Read more »

Congressman Posey introduced the Senior Citizen Income Security Act to help senior citizens improve their economic well being and to restore some of the original promises that were made years ago through Social Security. The legislation implements the following: 1. Repeals the 1993 Clinton tax increase on Social Security benefits so that no senior is double taxed on their earned… Read more »

The RE-asserting American Leadership in Space Act, or REAL Space Act, sets a new course for NASA toward human space flight while keeping within current budgetary constraints. Specifically, the bipartisan legislation directs NASA to plan to return to the Moon by 2022 and develop a sustained human presence on the Moon as a stepping stone for the future exploration of Mars and other… Read more »

Congressman Posey introduced the ASAP Act or the Assure Servicemembers Are Paid Act to require that in the event of a government shutdown, our military men and women defending our nation continue being paid without delay. The United States enjoys the benefits of an all volunteer, professional military force. Many of the families of junior enlisted service members are surviving paycheck to… Read more »

Congressman Posey introduced the Child Tax Credit Preservation Act which makes the $1,000 per child tax credit permanent and requires that it be indexed to account for inflation each year. The idea behind the legislation is to help families plan for future expenses and to correct for the value of the credit which has eroded due to inflation since 2001 when it was set at $1,000. It should… Read more »

U.S. Representatives Bill Posey (R-FL) and Virginia Foxx (R-NC) were joined by 5 of their colleagues in introducing legislation (H.R. 3127) to eliminate a generous death benefit set aside for the family of Members of Congress who pass away during the term of their service. “I believe Members of Congress should do what other Americans do, purchase their own life insurance.” said Posey.… Read more »

Congressman Posey introduced the Housing Recovery Act which is aimed at relieving the market of foreclosed properties and making homes more affordable. H.R. 1526 early distribution penalties on withdrawals from an IRA, Roth IRA or 401K if the funds are used to purchase a home that has been in foreclosure for a year or more, provided the buyer owns the home for at least 2 years. If the… Read more »

Congressman Posey filed bipartisan legislation (H.R. 2568) to prevent the flight of billions of dollars in foreign bank deposits from U.S. banks. The IRS recently proposed overturning a nearly 100 year old policy, without direction from Congress, with a regulation requiring all U.S. banks to report annually on the amount of interest paid to non-resident alien individual deposits. By law,… Read more »

This Friday, October 7th, Congressman Bill Posey (R-Rockledge) will coordinate with local organizations to host a “Script Your Future Day” to assist constituents taking prescription drugs to learn more about the specific medications they are taking. Approximately 60 local pharmacists working with trained medical technicians will be on hand at three locations in Brevard County to review… Read more »