Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -VitalEdge Finance Pro
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-16 14:08:17
WASHINGTON (AP) — The Senate is pushing toward a vote on legislation that would provide full Social Security benefitsto millions of people, setting up potential passage in the final days of the lame-duck Congress.
Senate Majority Leader Chuck Schumer, D-N.Y., said Thursday he would begin the process for a final vote on the bill, known as the Social Security Fairness Act, which would eliminate policies that currently limit Social Security payouts for roughly 2.8 million people.
Schumer said the bill would “ensure Americans are not erroneously denied their well-earned Social Security benefits simply because they chose at some point to work in their careers in public service.”
The legislation passed the House on a bipartisan vote, and a Senate version of the bill introduced last year gained 62 cosponsors. But the bill still needs support from at least 60 senators to pass Congress. It would then head to President Biden.
Decades in the making, the bill would repeal two federal policies — the Windfall Elimination Provision and the Government Pension Offset — that broadly reduce payments to two groups of Social Security recipients: people who also receive a pension from a job that is not covered by Social Security and surviving spouses of Social Security recipients who receive a government pension of their own.
The bill would add more strain on the Social Security Trust funds, which were already estimated to be unable to pay out full benefits beginning in 2035. It would add an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office.
Conservatives have opposed the bill, decrying its cost. But at the same time, some Republicans have pushed Schumer to bring it up for a vote.
Sen. Bill Cassidy, R-La., said last month that the current federal limitations “penalize families across the country who worked a public service job for part of their career with a separate pension. We’re talking about police officers, firefighters, teachers, and other public employees who are punished for serving their communities.”
He predicted the bill would pass.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (1431)
Related
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- A rare earthquake rattled Nebraska. What made it an 'unusual one'?
- Golden Globes 2024 Nominations: All the Snubs and Surprises From Taylor Swift to Selena Gomez
- Justin Jefferson injury update: Vikings WR released from hospital, travels home with team
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Illinois man who confessed to 2004 sexual assault and murder of 3-year-old girl dies in prison
- Fire breaks out in an encampment of landless workers in Brazil’s Amazon, killing 9
- Horoscopes Today, December 9, 2023
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Golden Globes 2024: The Nominations Are Finally Here
Ranking
- A South Texas lawmaker’s 15
- Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
- Recognizing the signs of postpartum depression
- The increasing hazard of black lung disease facing coal miners
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Eagles' Tush Push play is borderline unstoppable. Will it be banned next season?
- Taylor Swift and Travis Kelce's Love Story Continues at Latest Chiefs Game
- Israel battles militants in Gaza’s main cities, with civilians still stranded near front lines
Recommendation
NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
Putin running for reelection, almost sure to win another 6-year term
Ariana Madix Reveals the Real Reason She and Ex Tom Sandoval Haven't Sold Their House
Egyptians vote for president, with el-Sissi certain to win
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Taylor Swift and Travis Kelce's Love Story Continues at Latest Chiefs Game
Snow blankets northern China, closing roads and schools and suspending train service
Dangerous weekend weather forecast: Atmospheric river; millions face flooding risk