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US Senators have announced bipartisan legislation to reform the outdated Supplemental Security Income (SSI) program. The SSI Savings Penalty Elimination Act would update the program's asset limits for the first time in nearly 40 years, allowing disabled and elderly Americans to save for emergencies without jeopardizing their benefits. The proposed legislation would raise the current asset limits from $2,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples, and would index them to inflation. The bill has received support from various organizations, including AARP and JPMorgan Chase.
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Chairman's News | Newsroom | The United States Senate Committee on Finance - Hearing | Hearings | The United States Senate Committee on Finance
Based on the search results, I was unable to find the specific frequently asked questions (FAQ) with answers for the United States Senate Committee on Finance. However, you can visit the official website of the committee or contact them directly for more information.
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- FAQ | About | The United States Senate Committee on Finance - This is the page containing frequently asked questions about the committee. However, it does not provide specific answers to the questions.
- Frequently Asked Questions about Committees - U.S. Senate - This page provides general information about Senate committees, including finding committee hearings and researching committee documents.
- The United States Senate Committee on Finance Contact Page - You can use this page to contact the committee directly for any questions, comments, or concerns.
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