Current:Home > MySenate 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:2025-04-15 13:24:52
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! (9)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Taylor Swift Reveals She's the Godmother of Blake Lively and Ryan Reynolds' Kids
- She's a basketball star. She wears a hijab. So she's barred from France's Olympics team
- Maine attorney general files complaint against couple for racist harassment of neighbors
- New data highlights 'achievement gap' for students in the US
- Prosecutors urge judge not to toss out Trump’s hush money conviction, pushing back on immunity claim
- Lawsuit against Texas officials for jailing woman who self-induced abortion can continue
- Locked out of town hall, 1st Black mayor of a small Alabama town returns to office
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kamala Harris: A Baptist with a Jewish husband and a faith that traces back to MLK and Gandhi
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Woman pronounced dead, man airlifted after house explodes in upstate New York
- Fajitas at someone else's birthday? Why some joke 'it's the most disrespectful thing'
- Flamin' Hot Cheetos 'inventor' sues Frito-Lay alleging 'smear campaign'
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- El Paso County officials say it’s time the state of Texas pays for Operation Lone Star arrests
- Bill Belichick's absence from NFL coaching sidelines looms large – but maybe not for long
- Pregnant Lea Michele Reveals How She’s Preparing for Baby No. 2
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
West Virginia is asking the US Supreme Court to consider transgender surgery Medicaid coverage case
Commission chair says there’s no ‘single silver bullet’ to improving Georgia’s Medicaid program
In 'Illinoise,' Broadway fans find a show that feels like it 'was written about me'
Most popular books of the week: See what topped USA TODAY's bestselling books list
Texas city strips funding for monthly art event over drag show
West Virginia official quits over conflict of interest allegations; interim chief named
Unleash Your Inner Merc with a Mouth: Ultimate Deadpool Fan Gift Guide for 2024– Maximum Chaos & Coolness