Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -GrowthSphere Strategies
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-11 14:43:06
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! (66646)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Key Tool in EU Clean Energy Boom Will Only Work in U.S. in Local Contexts
- Biden administration to appoint anti-book ban coordinator as part of new LGBTQ protections
- Trump EPA Tries Again to Roll Back Methane Rules for Oil and Gas Industry
- Meta releases AI model to enhance Metaverse experience
- Kim Kardashian's Son Psalm West Celebrates 4th Birthday at Fire Truck-Themed Party
- Today’s Climate: July 20, 2010
- We Bet You Don't Know These Stars' Real Names
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Prince Louis Makes First Official Royal Engagement After Absence From Coronation Concert
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- RSV is surging. Here's what to watch for and answers about treatment options
- What it's like being an abortion doula in a state with restrictive laws
- We'll Have 30 Secrets About When Harry Met Sally—And What She's Having
- Buckingham Palace staff under investigation for 'bar brawl'
- Warm Arctic? Expect Northeast Blizzards: What 7 Decades of Weather Data Show
- Brain Cells In A Dish Play Pong And Other Brain Adventures
- Orlando Bloom Lights Up Like a Firework Over Katy Perry's Coronation Performance
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Khloe Kardashian Shares Sweet New Family Photo Featuring Her Baby Boy
3 personal safety tips to help you protect yourself on a night out
Biden administration to appoint anti-book ban coordinator as part of new LGBTQ protections
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Trump EPA Tries Again to Roll Back Methane Rules for Oil and Gas Industry
Amazon Fires Spark Growing International Criticism of Brazil
Trump ally Steve Bannon subpoenaed by grand jury in special counsel's Jan. 6 investigation