Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -PrimeWealth Guides
Senate begins final push to expand Social Security benefits for millions of people
Robert Brown View
Date:2025-04-07 10:35:42
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! (351)
Related
- Federal hiring is about to get the Trump treatment
- Turn Your Office Into a Sanctuary With These Interior Design Tips From Whitney Port
- Surfer Kai Lenny slams government response after devastating Maui wildfires: Where are they?
- Sorry, But You've Been Mispronouncing All of These Celebrity Names
- Trump invites nearly all federal workers to quit now, get paid through September
- Capture the best candid shots with bargains on Nikon cameras at B&H
- Former Olympic Swimmer Helen Smart Dead at 43
- Shania Twain to return to Las Vegas for third residency in 2024
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- FBI arrests Philadelphia teen, says he was talking to terrorists, buying bomb materials
Ranking
- Sam Taylor
- No stranger to tragedy, Maui Police Chief John Pelletier led response to 2017 Vegas massacre
- Georgia election indictment highlights wider attempts to illegally access voting equipment
- Trump arraignment on Georgia charges will be in a court that allows cameras — unlike his other 3 indictments
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Woman found dead at San Francisco's Golden Gate Park; police investigating 'suspicious' death
- California teen's mother says body found in Los Gatos park is her missing child
- Dark circles under the eyes are common. Here's how to get rid of them.
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
New York judge denies request for recusal from Trump criminal case
CNN shakes up lineup with new shows for Chris Wallace, Abby Phillip, more
July was the hottest month on Earth since U.S. temperature records began, scientists say
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
New McDonald's meal drops today: The 'As Featured In Meal' highlights 'Loki' Season 2
South Korea’s Yoon calls for strong security cooperation with US, Japan ahead of Camp David summit
Texas’ Brazos River, Captive and Contaminated