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A safety net’s poverty trap

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Manage episode 409068759 series 2486193
Content provided by Vox Media Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vox Media Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

726 episodes

Artwork

A safety net’s poverty trap

The Weeds

1,529 subscribers

published

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Manage episode 409068759 series 2486193
Content provided by Vox Media Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vox Media Podcast Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

726 episodes

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