Current:Home > ContactSenate 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:2025-04-17 04:05:23
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! (529)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Pope slams Harris and Trump on anti-life stances, urges Catholics to vote for ‘lesser evil’
- Arizona’s 1864 abortion ban is officially off the books
- Arizona’s 1864 abortion ban is officially off the books
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Workers who assemble Boeing planes are on strike. Will that affect flights?
- The Daily Money: Weird things found in hotel rooms
- Chad McQueen, 'The Karate Kid' actor and son of Steve McQueen, dies at 63
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Hawaii wildfire victims made it just blocks before becoming trapped by flames, report says
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- You're Doing Your Laundry All Wrong: Your Most Common Laundry Problems, Solved
- Another player from top-ranked Georgia arrested for reckless driving
- A look at Harvey Weinstein’s health and legal issues as he faces more criminal charges
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Grey's Anatomy's Jesse Williams Accuses Ex-Wife of Gatekeeping Their Kids in Yearslong Custody Case
- Latest Georgia football player arrested for reckless driving comes two days before SEC opener
- Alabama opposes defense attorneys’ request to film nitrogen execution
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
MLS playoff picture: Hell is Real, El Tráfico could provide postseason clinchers
Universities of Wisconsin adopt viewpoint-neutral policy for college leaders
Young climate activists ask US Supreme Court to revive their lawsuit against the government
Global Warming Set the Stage for Los Angeles Fires
Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions
Canadian man admits shootings that damaged electrical substations in the Dakotas
An emotional week for the Dolphins ends with Tua Tagovailoa concussed and his future unclear