Hiya! Congress is considering an incredibly wonderful (for me! as well as others) piece of legislation
. It is not without faults, but basically...
Right now, because I am on Medicaid and other forms of public assistance for disability, I cannot have more than $2,000 in assets or I lose my benefits. If I get married, my spouse and I cannot have more than $3,000 in combined assets or same thing.
So, you know, all the planning for rainy days and stuff? That cannot happen for me unless I break the law and hide money under a mattress or something, which is technically a felony that could land me in jail.
This new bill would allow me to have a special savings account of up to $100,000! Other people could add to it as well! (With SSI they get really fussy about anyone else giving you money because it's considered "income" and they want to dock your benefits and it sucks.) If the money is spent on medicine or housing, it's tax-exempt. When you die, the money in the account goes back to the government.
It has passed the House because something something fiscal responsibility. It is now in the Senate, so please if you live in the US and you have some spare time could you maybe call/write/email your Senators and ask them to pass it? Also if you live outside the US signal boosting would be awesome, too.