PolitiQuote

Discover video-sourced quotes by politicians

Bob Casey Jr.: “The $2,000 asset limit today has a purchasing power of only…”

Featuring: Bob Casey Jr., Democratic | Former U.S. Senate, Pennsylvania

Watch on YouTube

Casey Slams Low SSI Purchasing Power: ‘It’s A Barrier That Keeps People… Out Of The Labor Market’

Published | Video Starts at 00:45

I wanted to start with a question that I'll, I think initially direct to Ms. Wilske and Mr. Morton. One of the disincentives for recipients of SSI to work are asset limits. Of course, The $2,000 asset limit today has a purchasing power of only 630 bucks. And it's a barrier that keeps people who want to work and save out of the labor market. I passed in 2014 the ABLE Act. (00:45–00:53)

CLAIM

Asserts that the purchasing power of the $2,000 asset limit for SSI is now only $630.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Bob Casey Jr.

Discover more from

Bob Casey Jr.

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.