From the PITTSBURGH POST-GAZETTE Editorial:
…the current Department of Public Welfare wanted to give food stamps to no one under age 60 with more than $2,000 in savings or other assets, and to no one over 60 with more than $3,250. That was way too low.
Now it wants the savings cutoff for those under 60 to be $5,500 and for those older or disabled to be $9,000 — numbers that are very close to the Post-Gazette’s proposal on Jan. 11.
Exempt from the total would be a person’s home, car, household contents, burial plot, life insurance and pension plan. Counted toward the limit would be cash, bank accounts, stocks, bonds and additional vehicles…
Click here to read the full article.