Current:Home > InvestSenate begins final push to expand Social Security benefits for millions of people -WealthFlow Academy
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-13 04:14:29
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! (16)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- DWTS’ Sasha Farber and Jenn Tran Prove They're Closer Than Ever Amid Romance Rumors
- Chrysler recalls over 200k Jeep, Dodge vehicles over antilock-brake system: See affected models
- 2 credit unions in Mississippi and Louisiana are planning to merge
- Arkansas State Police probe death of woman found after officer
- Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
- At age 44, Rich Hill's baseball odyssey continues - now with Team USA
- 2025 NFL mock draft: QBs Shedeur Sanders, Cam Ward crack top five
- What do we know about the mysterious drones reported flying over New Jersey?
- What is prize money for NBA Cup in-season tournament? Players get boost in 2024
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- 3 Iraqis tortured at Abu Ghraib win $42M judgement against defense contractor
- Noem’s Cabinet appointment will make a plain-spoken rancher South Dakota’s new governor
- Glen Powell responds to rumor that he could replace Tom Cruise in 'Mission: Impossible'
- $73.5M beach replenishment project starts in January at Jersey Shore
- Suspect in deadly 2023 Atlanta shooting is deemed not competent to stand trial
- NBPA reaches Kyle Singler’s family after cryptic Instagram video draws concern
- Gun groups sue to overturn Maine’s new three-day waiting period to buy firearms
Recommendation
Meet first time Grammy nominee Charley Crockett
'This dude is cool': 'Cross' star Aldis Hodge brings realism to literary detective
Military veteran gets time served for making ricin out of ‘curiosity’
Glen Powell responds to rumor that he could replace Tom Cruise in 'Mission: Impossible'
Nearly half of US teens are online ‘constantly,’ Pew report finds
Who is Rep. Matt Gaetz, the Florida congressman Donald Trump picked to serve as attorney general?
2 weeks after Peanut the Squirrel's euthanasia, owner is seeking answers, justice
Get $103 Worth of Tatcha Skincare for $43.98 + 70% Off Flash Deals on Elemis, Josie Maran & More