Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -×
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-13 22:08:21
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! (644)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Rob Gronkowski’s Girlfriend Camille Kostek Reacts to Gisele Bündchen’s Pregnancy News
- Appeals court says Arizona should release list of voters with unverified citizenship
- Stevie Wonder urges Americans: 'Division and hatred have nothing to do with God’s purpose'
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Surfer bit by shark off Hawaii coast, part of leg severed in attack
- Music titan Quincy Jones, legendary producer of Michael Jackson's 'Thriller,' dies at 91
- What Donny Osmond Really Thinks of Nephew Jared Osmond's Real Housewives of Salt Lake City Fame
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 'Melt away' your Election Day stress: Puppy-cuddling events at hotels across the US on Nov. 5
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Chiefs trade deadline targets: Travis Etienne, Jonathan Jones, best fits for Kansas City
- Saving for retirement? Here are the IRA contribution limits for 2025
- 3 charged in connection to alleged kidnapping, robbery near St. Louis
- See you latte: Starbucks plans to cut 30% of its menu
- Your Election Day forecast: Our (weather) predictions for the polls
- As Massachusetts brush fires rage, suspect arrested for allegedly setting outdoor fire
- 3 charged in connection to alleged kidnapping, robbery near St. Louis
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
College athletes are getting paid and fans are starting to see a growing share of the bill
New York Philharmonic fires two players after accusations of sexual misconduct and abuse of power
Saquon Barkley reverse hurdle: Eagles' RB wows coach, fans with highlight reel play
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Kenyan man is convicted of plotting a 9/11-style attack on the US
NFL flexes Colts vs. Jets out of Week 11 'SNF' schedule, moving Bengals vs. Chargers in
North Carolina attorney general’s race features 2 members of Congress