H. R. 9149, also known as the "Allowing Steady Savings by Eliminating Tests Act" or the "ASSET Act," aims to eliminate asset limits for eligibility in certain federally funded public assistance programs. The bill proposes changes to ensure that families can save more money...
Simple Explanation
The ASSET Act is a plan to help families save money without losing their help from the government by changing the rules that decide who can get things like food and energy aid. It lets people keep more of their own money in the bank, so they don’t have to worry about losing their benefits.