Mike Braun - Ranking member of the Senate Special Committee on Aging | Official U.S. Senate headshot
Mike Braun - Ranking member of the Senate Special Committee on Aging | Official U.S. Senate headshot
On December 12, 2024, the U.S. Senate Special Committee on Aging convened a hearing titled "Empowering People with Disabilities to Live, Work, Learn, and Thrive." The session was led by Ranking Member Mike Braun and Chairman Bob Casey. This meeting marked the final hearing with both Senators serving in their current roles on the committee.
The hearing focused on critical issues affecting individuals with disabilities, such as home care, employment accessibility, and economic security. Senator Braun emphasized that people with disabilities share the same aspirations for respect and dignity as everyone else.
Senator Braun highlighted recent improvements in job opportunities and labor force participation for people with disabilities. He stated, "A good economy accomplishes more for people with disabilities than any federal program ever has or ever could."
However, Braun expressed concerns about excessive federal spending under the Biden-Harris administration, which he believes has contributed to inflationary pressures. He noted that inflation remains high at over 3 percent from the previous year. According to Braun, this situation has led to increased interest rates and a cooling job market.
Braun warned that economic instability disproportionately affects vulnerable groups like seniors and people with disabilities. He said they face challenges "at the grocery store," when seeking housing or employment.
Expressing confidence in future economic improvements under a potential Trump administration, Braun cautioned against tax increases for older Americans and those with disabilities. He also addressed bipartisan concerns regarding national debt levels.
He pointed out that by the end of Fiscal Year 2024, national debt reached 99 percent of GDP—the highest since World War Two—and could rise to 140 percent by 2030. Braun stressed that high national debt impacts benefits and services essential to seniors and individuals with disabilities.
"If we do not grapple with the national debt now," he warned, "it will mean slower growth, more inflation, and even higher interest rates."
Braun concluded by expressing his eagerness to learn more about economic trends affecting these communities while urging continued focus on managing federal spending.