• A safety net’s poverty trap

  • Mar 27 2024
  • Length: 35 mins
  • Podcast
  • 5.0 out of 5 stars (1 rating)
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A safety net’s poverty trap

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  • Summary

  • What if you weren’t allowed to have more than $2,000 at any given time? Could you make it work? For people who receive Supplemental Security Income, this isn’t a what-if — it’s reality. SSI beneficiaries are subject to strict requirements and risk losing their benefits if they have more than $2,000 in financial assets, even if they exceed that by just a dollar. Why is the limit so low, and is anything being done to fix it? That’s today on The Weeds. Read More: Tyler (@tylerlimaroope) | TikTok The Case for Updating SSI Asset Limits | Center on Budget and Policy Priorities Submit your policy questions! We want to know what you’re curious about. Credits: Jonquilyn Hill, host Sofi LaLonde, producer Cristian Ayala, engineer A.M. Hall, editorial director of talk podcasts Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices
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