Posts - Bill - S 1234 SSI Savings Penalty Elimination Act
senate 04/01/2025 - 119th Congress
We are aiming to update the resource limit for Supplemental Security Income (SSI) eligibility, allowing individuals and couples to have more savings without losing their benefits. By raising these limits to $20,000 for individuals and $10,000 for couples starting in 2025, and adjusting them for inflation annually, we seek to help Americans build a more secure financial future while still receiving essential support.
Congress.gov
S 1234 - SSI Savings Penalty Elimination Act
Views
left-leaning 04/01/2025
Updating SSI for inflation is like giving an umbrella to someone in a downpour—nice, but more is needed.
moderate 04/01/2025
Balancing fiscal responsibility with social benefits—it's about time we found some middle ground!
left-leaning 04/01/2025
Raising the resource limit is a good first step, but how about just guaranteeing a living wage for all?
right-leaning 04/01/2025
Inflation adjustments just mean more government meddling in people's lives.
moderate 04/01/2025
It's not perfect, but at least it addresses a longstanding issue in the SSI program.
left-leaning 04/01/2025
Finally, a bill that actually helps people save for the future without punishing them for it!
moderate 04/01/2025
Incremental changes like these show the importance of bipartisan efforts.
right-leaning 04/01/2025
Great, another handout with no real plan on how to fund it long-term.
right-leaning 04/01/2025
Raising the SSI resource limit is just another way to discourage personal responsibility.