Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -WealthSphere Pro
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-12 00:08:12
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
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- For Novak Djokovic, winning Olympic gold for Serbia supersedes all else
- Spain vs. Morocco live updates: Score, highlights for Olympics men's soccer semifinals
- For Canada, anything short of men's basketball medal will a disappointment
- Former Syrian official arrested in California who oversaw prison charged with torture
- Why RHONJ’s Season 14 Last Supper Proves the Current Cast Is Done for Good
- Recovering from a sprained ankle? Here’s how long it’ll take to heal.
- Angelina Jolie and Brad Pitt’s Son Pax Recovering From Trauma After Bike Accident
- Why members of two of EPA's influential science advisory committees were let go
- How a lack of supervisors keeps new mental health workers from entering the field
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Josh Hall addresses 'a divorce I did not ask for' from HGTV's Christina Hall
- Jenelle Evans’ Son Jace Is All Grown Up in 15th Birthday Tribute
- 11 MLB hot takes with baseball entering dog days of summer
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Olympic medals today: What is the medal count at 2024 Paris Games on Sunday?
- USA breaks world record, wins swimming Olympic gold in women's medley relay
- Man gets life sentence for killing his 3 young sons at their Ohio home
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Àngela Aguilar, Christian Nodal are married: Revisit their relationship
Gabby Thomas advances to women's 200m semis; Shericka Jackson withdraws
USA women's basketball roster, schedule for Paris Olympics: Team goes for 8th-straight gold
B.A. Parker is learning the banjo
A rebuilt bronze Jackie Robinson statue will be unveiled 6 months after the original was stolen
2024 Olympics: Anthony Ammirati and Jules Bouyer React After Going Viral for NSFW Reasons
Hurricane Debby to bring heavy rains and catastropic flooding to Florida, Georgia and S. Carolina