Referred to the House Committee on Ways and Means.
This bill amends title XVI of the Social Security Act to raise the Supplemental Security Income (SSI) resource limits and index them to inflation. It sets new resource limits of $20,000 for individuals and $10,000 for couples in calendar year 2025, and requires annual increases tied to a CPI-U formula (relative to a September 2024 baseline).
Progressives emphasize poverty reduction and savings protection.
Relative to its intended legislative type, this bill is a straightforward substantive amendment that clearly defines new SSI resource limits and a specific CPI-based indexing mechanism, and it integrates cleanly into the cited statutory sections.
This bill amends title XVI of the Social Security Act to raise the Supplemental Security Income (SSI) resource limits and index them to inflation.
It sets new resource limits of $20,000 for individuals and $10,000 for couples in calendar year 2025, and requires annual increases tied to a CPI-U formula (relative to a September 2024 baseline).
The indexing provision prevents reductions (quotient not less than 1).
Narrow, administrable change but significant fiscal cost and limited built-in compromise make standalone enactment challenging.
Relative to its intended legislative type, this bill is a straightforward substantive amendment that clearly defines new SSI resource limits and a specific CPI-based indexing mechanism, and it integrates cleanly into the cited statutory sections.
Progressives emphasize poverty reduction and savings protection.
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressives emphasize poverty reduction and savings protection.
Likely broadly supportive.
Raising asset limits removes a long-standing penalty that forces very low-income disabled and elderly people to spend down savings to keep benefits.
Indexing protects the change from erosion by inflation.
Generally favorable but cautious.
Supports reducing an anti-saving penalty while wanting clarity on budgetary offsets and administrative impacts.
The CPI indexing is pragmatic, but cost estimates and implementation details matter.
Skeptical to opposed.
While easing an asset test might seem reasonable, raising resource limits expands eligibility and recurring federal spending without offsets.
Concern centers on fiscal discipline and potential program growth.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow, administrable change but significant fiscal cost and limited built-in compromise make standalone enactment challenging.
The bill has not accumulated any surfaced votes yet.
Progressives emphasize poverty reduction and savings protection.
Narrow, administrable change but significant fiscal cost and limited built-in compromise make standalone enactment challenging.
Relative to its intended legislative type, this bill is a straightforward substantive amendment that clearly defines new SSI resource limits and a specific CPI-based indexing mechanism, and it integrates cleanly into th…
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