U.S. Wealth WatcherCelebrating Political Fortunes
S 1234 · 119th CongressIntroduced

Raise savings limit for SSI recipients

Banking & Financial
The vote
Worked the bill
$573M
24 groups · their total 2025 lobbying
In the distance
Summary

What the bill does

This bill raises the amount of money people can have in savings and still qualify for Supplemental Security Income (SSI). For individuals, the limit goes from $2,000 to $20,000. For couples, it goes from $3,000 to $10,000. The limits will also increase each year to keep up with inflation.

Why it matters

The stakes

SSI helps low-income people who are elderly, blind, or disabled. The current savings limits are very low and have not been updated in decades. This bill would let recipients save more money without losing their benefits.

The debate

What each side says

Supporters
  • The current savings limits are outdated and penalize people for trying to save for emergencies.bill
  • Raising the limits helps SSI recipients build financial stability without losing needed benefits.bill
  • Adjusting the limits for inflation ensures they stay relevant over time.bill
Critics
  • No recorded objections.

Each point links to its source. The views are attributed to those sources, not stated as ours.

Follow the money

From this bill outward

The bill

where every tie is measured from
S 1234Raise savings limit for SSI recipientsBanking & Financial

Who paid lobbyists to work it

Direct tie24 groups · their total 2025 lobbying
GroupIssues2025 lobbying
(all issues)
Has PAC?
STATE OF LOC NATION GLOBAL PUBLIC BENEFIT CORPORATIONAdvocacyOtherBanking$80MNo PAC
CHAMBER OF COMMERCE OF THE U.S.A.EnergyBankingForeign$70MNo PAC
NATIONAL ASSOCIATION OF REALTORSReal EstateBankingInsurance$54MNAORPAC
BUSINESS ROUNDTABLE INCEnergyBankingHealth$34MNo PAC
META PLATFORMS, INC. AND VARIOUS SUBSIDIARIESTechSports & MediaBanking$26MNo PAC
AMERICAN HOSPITAL ASSOCIATIONHealthOtherForeign$25MAHAP
AMERICAN MEDICAL ASSOCIATIONHealthForeignOther$23MNo PAC
AARPBankingHealthTech$21MNo PAC

Election money, in the distance

Background · not tied to this billBanking & Financial PACs -> the members who voted

The background money view appears when a bill has a recorded vote and matching sector PAC data.

Lobbying filings, contributions, and votes are public records shown side by side. The further down the chain, the further the money is from this bill. This page does not assert that money caused any vote.