Achieving a Better Life Experience Act of 2014

Floor Speech

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Ms. DUCKWORTH. Mr. Speaker, as a proud cosponsor of H.R. 647, the ABLE Act, I urge all of my colleagues to vote in favor of this legislation today. If enacted, it would allow Americans living with a disability and their families to establish tax-exempt financial accounts so they can finance qualified expenses including education, housing, transportation, employment support, medical care and other personal necessities. Critically, it would not jeopardize eligibility for other important federal benefits like Medicaid and Social Security.

As a disabled American myself, I understand the financial strain a disability can have on individuals and their families. Not only do disabled Americans often face higher costs and lower incomes, but they are currently penalized for saving for their future. The ABLE Act will allow millions of Americans with disabilities to invest in their futures, live fulfilling lives and become more independent and less reliant on public benefits. It will empower them to build a better economic future for themselves and their families.

Disabled Americans deserve every opportunity to achieve their dreams. I urge the House to pass this important legislation as quickly as possible.

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