Current:Home > MySenate begins final push to expand Social Security benefits for millions of people -WealthTrail Solutions
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-13 09:48:10
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! (757)
Related
- Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
- Full transcript of Face the Nation, Oct. 29. 2023
- Gun control advocates press gridlocked Congress after mass shooting in Maine
- Cyprus prepares for a potential increase in migrant influx due to the ongoing Israel-Hamas war
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Winning ugly is a necessity in the NFL. For the Jaguars, it's a big breakthrough.
- FIFA bans Spain's Luis Rubiales for 3 years for unwanted kiss at World Cup
- Nevada gaming board seek policy against trespassing gamblers allowed to collect jackpot winnings
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Israeli defense minister on Hamas, ground operations: 'Not looking for bigger wars'
Ranking
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Fantasy football risers, fallers: Jahan Dotson shows off sleeper potential
- Coach Fabio Grosso hurt as Lyon team bus comes under attack before French league game at Marseille
- The 411 on MPG: How the US regulates fuel economy for cars and trucks. (It's complicated)
- RFK Jr. closer to getting on New Jersey ballot after judge rules he didn’t violate ‘sore loser’ law
- Matthew Perry's Friends community reacts to his death at 54
- New Slovakia’s government announces a massive deployment at the Hungarian border to curb migration
- Mega Millions winning numbers for Oct. 27: See if you won the $137 million jackpot
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Horoscopes Today, October 28, 2023
Russia’s envoy uses the stage at a military forum in China to accuse the US of fueling tensions
New Slovakia’s government announces a massive deployment at the Hungarian border to curb migration
The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
Hurricane Otis kills at least 27 people in Mexico, authorities say
A ‘whole way of life’ at risk as warming waters change Maine's lobster fishing
'You talkin' to me?' How Scorsese's 'Killers of the Flower Moon' gets in your head