Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -AssetScope
Senate begins final push to expand Social Security benefits for millions of people
SafeX Pro View
Date:2025-04-10 11:03:10
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! (8)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 19 most memorable 'Hard Knocks' moments from HBO's NFL training camp docuseries
- Save 75% on Lands' End, 70% on Kate Spade, 60% on Beyond Yoga, 60% on Wayfair & Today's Best Deals
- American discus thrower Valarie Allman makes it back to back gold medals at Paris Games
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Cause of death for Christina Sandera, Clint Eastwood's girlfriend, is released
- Who is Warren Buffett? Why investors are looking to the 'Oracle of Omaha' this week
- Slow-moving Tropical Storm Debby bringing torrential rains, major flood threat to southeastern US
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- The final image of Simone Biles at the Olympics was a symbol of joy — and where the sport is going
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Heatstroke death of Baltimore worker during trash collection prompts calls for workplace safety
- Officials probe cause of wildfire that sent residents fleeing in San Bernardino
- Video shows the Buffalo tornado that broke New York's record as the 26th this year
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- What does a state Capitol do when its hall of fame gallery is nearly out of room? Find more space
- Video shows the Buffalo tornado that broke New York's record as the 26th this year
- Travis Kelce Credits Taylor Swift Effect for Sweet Moment With Fan
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Olympics 3x3 basketball is a mess. How to fix it before the next Games.
Michael Phelps calls for lifetime ban for athletes caught doping: 'One and done'
Fighting for the Native Forest of the Gran Chaco in Argentina
Trump's 'stop
Rural Nevada sheriff probes potential hate crime after Black man says he was racially harassed
Lucille Ball and Desi Arnaz's Daughter Lucie Shares Rare Photo With Brother Desi Jr.
Boar's Head listeria outbreak triggers lawsuit against deli meat company in New York