Current:Home > ScamsSenate 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
View
Date:2025-04-13 21:01:24
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! (24427)
Related
- Sam Taylor
- Malaysia's government cancels festival after The 1975's Matty Healy kisses a bandmate
- 8 mistakes to avoid if you're going out in the heat
- New Toolkit of Health Guidance Helps Patients and Care Providers on the Front Lines of Climate Change Prepare for Wildfires
- What to watch: O Jolie night
- Surprise, you just signed a contract! How hidden contracts took over the internet
- Reddit says new accessibility tools for moderators are coming. Mods are skeptical
- A stolen Christopher Columbus letter found in Delaware returns to Italy decades later
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Arizona’s New Governor Takes on Water Conservation and Promises to Revise the State’s Groundwater Management Act
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- The Indicator Quiz: Jobs and Employment
- Two Indicators: After Affirmative Action & why America overpays for subways
- OceanGate suspends its commercial and exploration operations after Titan implosion
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Countries Want to Plant Trees to Offset Their Carbon Emissions, but There Isn’t Enough Land on Earth to Grow Them
- A Timber Mill Below Mount Shasta Gave Rise to a Historic Black Community, and Likely Sparked the Wildfire That Destroyed It
- Madonna Breaks Silence on Her Health After Hospitalization for Bacterial Infection
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
In a new video, Dylan Mulvaney says Bud Light never reached out to her amid backlash
See Timothée Chalamet Transform Into Willy Wonka in First Wonka Movie Trailer
Home prices dip, Turkey's interest rate climbs, Amazon gets sued
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
A Clean Energy Trifecta: Wind, Solar and Storage in the Same Project
Republican attacks on ESG aren't stopping companies in red states from going green
Las Vegas just unveiled its new $2.3 billion spherical entertainment venue