Mike LaFaive, director of the Center’s Morey Fiscal Policy Initiative, told The Saginaw News today that proposed legislation placing an asset limit on people receiving welfare makes sense.

“It’s difficult to object to asset limits on assistance since the whole idea is to help low-income people,” LaFaive said. “It’s perfectly reasonable to ask people to reach into their own wealth first.”

LaFaive said an example would be a recipient selling a car and buying a less expensive one.

Share More …