Editorial in a Prominent Capitol Hill Newspaper Calls for Increase In SSI Income Limits
A recent editorial in The Hill newspaper made a strong argument as to why Congress should consider legislation that updates the asset limits for Supplemental Security Income (SSI).
The Hill is a prominent, nonpartisan Capitol Hill media outlet that is read by staff in nearly all congressional offices.
The editorial’s authors, Kathleen Romig from the Center on Budget and Policy and Priorities and Rebecca Vallas of the Bipartisan Policy Center, call out the “out-of-date asset limits” as “one of the most regressive, anti-saving provisions in federal law.”
According to Romig and Vallas, the asset and savings limit of $2,000 (or $3,000 for a couple) has been in place for nearly 40 years.
NOSSCR fully supports increasing SSI asset limits as well as providing inflation-adjusted resource limits to prevent future outdated caps. We also support increasing the general income and earned income exclusions.
Two months ago, Senator Sherrod Brown introduced the SSI Savings Penalty Elimination Act (S.4102) to help address this issue. It currently has seven cosponsors. While the bill is not expected to pass Congress this session, its introduction is an important step toward addressing this critical need for disability clients.
You can learn more about these and other NOSSCR policy priorities in the advocacy section of the NOSSCR website.
Share!
Follow us
Recent posts
Meet the NOSSCR Staff: Betsy Osborn
Do you remember that scene in the movie Top Gun when the fighter jet just barely sticks the landing on the aircraft carrier – a tiny strip of concrete in a vast, blue ocean? If...
Meet the NOSSCR Staff: Donna E. Davis
“Soaring to Greater Heights of Service” is a key tenet for the work of Alpha Kappa Alpha Sorority, Inc., the nation’s oldest African American sorority. As a former president of one of the sorority’s four...
ABLE Age Adjustment Act Included in the FY23 Omnibus Bill
When President Biden signed the FY23 Omnibus bill into law on December 29, much of the media attention focused on the fact that Congress and the Administration had avoided a government shutdown and would not...
