Current:Home > InvestSenate begins final push to expand Social Security benefits for millions of people -AssetPath
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-23 23:16:57
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! (8)
Related
- A South Texas lawmaker’s 15
- It’s ‘Going to End with Me’: The Fate of Gulf Fisheries in a Warming World
- Meadow Walker Shares Heartwarming Signs She Receives From Late Dad Paul Walker
- Kate Spade 24-Hour Flash Deal: Get a $300 Packable Tote Bag for Just $69
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Addiction treatments in pharmacies could help combat the opioid crisis
- In Spain, Solar Lobby and 3 Big Utilities Battle Over PV Subsidy Cuts
- Dancing With the Stars Pro Witney Carson Welcomes Baby No. 2
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- In Trump, U.S. Puts a Climate Denier in Its Highest Office and All Climate Change Action in Limbo
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Can you bond without the 'love hormone'? These cuddly rodents show it's possible
- Booming Plastics Industry Faces Backlash as Data About Environmental Harm Grows
- Kylie Jenner Shares Never-Before-Seen Photos of Kids Stormi and Aire on Mother's Day
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Wheel of Fortune host Pat Sajak retiring
- 6 doctors swallowed Lego heads for science. Here's what came out
- Paul Ryan: Trump's baggage makes him unelectable, indictment goes beyond petty politics
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Army Corps Halts Dakota Access Pipeline, Pending Review
That Global Warming Hiatus? It Never Happened. Two New Studies Explain Why.
Friday at the beach in Mogadishu: Optimism shines through despite Somalia's woes
What do we know about the mysterious drones reported flying over New Jersey?
Clean Energy Investment ‘Bank’ Has Bipartisan Support, But No Money
The FDA considers a major shift in the nation's COVID vaccine strategy
Anne Heche Laid to Rest 9 Months After Fatal Car Crash