Current:Home > InvestSenate begins final push to expand Social Security benefits for millions of people -AssetLink
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-15 21:34:17
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! (667)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Amid Rising Emissions, Could Congressional Republicans Help the US Reach Its Climate Targets?
- Surfer Mikala Jones Dead at 44 After Surfing Accident
- Western tribes' last-ditch effort to stall a large lithium mine in Nevada
- Intellectuals vs. The Internet
- In Pennsylvania, a New Administration Fuels Hopes for Tougher Rules on Energy, Environment
- See Kylie Jenner React to Results of TikTok's Aging Filter
- Our fireworks show
- Arkansas State Police probe death of woman found after officer
- In 'Someone Who Isn't Me,' Geoff Rickly recounts the struggles of some other singer
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Fox News hit with another defamation lawsuit — this one over Jan. 6 allegations
- Over $200 billion in pandemic business loans appear to be fraudulent, a watchdog says
- Prime Day 2023 Deals on Amazon Devices: Get a $400 TV for $99 and Save on Kindles, Fire Tablets, and More
- A White House order claims to end 'censorship.' What does that mean?
- Geraldo Rivera, Fox and Me
- In a new video, Dylan Mulvaney says Bud Light never reached out to her amid backlash
- Larsa Pippen Traumatized By Michael Jordan's Comment About Her Relationship With His Son Marcus
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Our fireworks show
Claire Danes Gives Birth, Welcomes Baby No. 3 With Hugh Dancy
Netflix's pop-up eatery serves up an alternate reality as Hollywood grinds to a halt
SFO's new sensory room helps neurodivergent travelers fight flying jitters
States Have Proposals, But No Consensus, On Curbing Water Shortages In Colorado River Basin
How fast can the auto industry go electric? Debate rages as the U.S. sets new rules
Chicago Institutions Just Got $25 Million to Study Local Effects of Climate Change. Here’s How They Plan to Use It