Current:Home > MySenate 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:2025-04-11 19:41:00
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! (9)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- A federal judge has ruled that Dodge City’s elections don’t discriminate against Latinos
- Inflation slowed more than expected in June as gas prices fell, rent rose
- Shania Twain to Host the 2024 People's Choice Country Awards
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Italy jails notorious mafia boss's sister who handled coded messages for mobsters
- Asia’s richest man Mukesh Ambani is set to throw a grand wedding for his son. Here’s what to know
- The Most Stylish Earrings To Wear This Summer, From Hoops to Huggies
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Hawaii's Haleakala fire continues to blaze as memory of 2023 Maui wildfire lingers
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- For at least a decade Quinault Nation has tried to escape the rising Pacific. Time is running out
- What's the Jamestown Canyon virus, the virus found in some Maine mosquitoes?
- BBC Journalist’s Family Tragedy: Police Call Crossbow Murder a Targeted Attack
- Billy Bean was an LGBTQ advocate and one of baseball's great heroes
- Kim Kardashian Shares Tip of Finger Broke Off During Accident More Painful Than Childbirth
- Pregnant Gypsy Rose Blanchard Addresses Question of Paternity” After Ryan Anderson Divorce
- The son of Asia’s richest man is set to marry in one of India’s most extravagant weddings
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
New York jury ready to start deliberations at Sen. Bob Menendez’s bribery trial
You Won't Believe How Many Crystals Adorn Team USA's Gymnastics Uniforms for 2024 Olympics
JetBlue passenger sues airline for $1.5 million after she was allegedly burned by hot tea
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Jon Stewart says Biden is 'becoming Trumpian' amid debate fallout: 'Disappointed'
National French Fry Day 2024: Get free fries and deals at McDonald's, Wendy's, more
Gary Ginstling surprisingly quits as New York Philharmonic CEO after 1 year