Current:Home > InvestSenate begins final push to expand Social Security benefits for millions of people -GrowthInsight
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-12 02:48:20
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! (17)
Related
- Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
- Shadowbanned? How to check if Instagram has muted you and what you can do about it
- Montana Supreme Court rules in favor of major copper mine
- Ricki Lake says she's getting 'healthier' after 30-lb weight loss: 'I feel amazing'
- Kehlani Responds to Hurtful Accusation She’s in a Cult
- Google suspends AI image feature from making pictures of people after inaccurate photos
- Military families brace for another government shutdown deadline
- US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- What MLB spring training games are today? Full schedule Monday and how to watch
Ranking
- 'Most Whopper
- Duke’s Scheyer wants the ACC to implement measures to prevent court-storming after Filipowski injury
- Horoscopes Today, February 24, 2024
- A school bus driver dies in a crash near Rogersville; 2 students sustain minor injuries
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Chris Gauthier, character actor known for 'Once Upon a Time' and 'Watchmen,' dies at 48
- Americans are spending the biggest share of their income on food in 3 decades
- Scientists discover 240-million-year-old dinosaur that resembles a mythical Chinese dragon
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Attorneys argue over whether Mississippi legislative maps dilute Black voting power
Michigan man gets minimum 30 years in prison in starvation death of his disabled brother
Three-man, one-woman crew flies to Florida to prep for Friday launch to space station
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
U.S. issues hundreds of new Russia sanctions over Alexey Navalny's death and war in Ukraine
Suspect in murder of Georgia nursing student entered U.S. illegally, ICE says
Military families brace for another government shutdown deadline