Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -StockLine
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 07:30:52
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! (625)
Related
- Current, future North Carolina governor’s challenge of power
- A man who killed 2 Dartmouth professors as a teen is challenging his sentence
- When does 'Grotesquerie' premiere? Date, time, where to watch new show featuring Travis Kelce
- A Texas county has told an appeals court it has a right to cull books on sex, gender and racism
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- GHCOIN TRADING CENTER: A Leader in Digital Asset Innovation
- Arizona Democratic campaign office damaged by gunfire
- FBI: Son of suspect in Trump assassination attempt arrested on child sexual abuse images charges
- Trump issues order to ban transgender troops from serving openly in the military
- Woman alleges Sean ‘Diddy’ Combs raped her on video in latest lawsuit
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- A's owner John Fisher's letter sparks inspired news anchor response
- Evan Peters' Rare Reunion With One Tree Hill Costars Is a Slam Dunk
- Maine’s watchdog agency spent years investigating four child deaths. Here are the takeaways.
- Retirement planning: 3 crucial moves everyone should make before 2025
- 'Wild ride': 8th bull that escaped rodeo in Massachusetts caught after thrilling chase
- Dolly Parton Has the Best Reaction After Learning She and Goddaughter Miley Cyrus Are Actually Related
- LaBrant Family Faces Backlash for Having Daughter Everleigh Dance to Diddy Song
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
NBA preseason schedule: Key dates as 2024-25 regular season rapidly approaches
Capitol rioter mistakenly released from prison after appeals court ruling, prosecutors say
JoJo Siwa's glittery jockstrap and chest plate outfit prompts mixed reactions
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
EPA data make it hard to know the extent of the contamination from last year’s Ohio derailment
The Ultimatum's Madlyn Ballatori & Colby Kissinger Expecting Baby No. 3
California judge charged in wife’s death is arrested on suspicion of drinking alcohol while on bail