Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -Capitatum
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 19:25:20
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! (52)
Related
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Facing rollbacks, criminal justice reformers argue policies make people safer
- 14-month-old boy rescued after falling down narrow pipe in the yard of his Kansas home
- 2024 Olympics: Rower Robbie Manson's OnlyFans Paycheck Is More Than Double His Sport Money
- New Orleans mayor’s former bodyguard making first court appearance after July indictment
- Massachusetts governor says Steward Health Care must give 120-day notice before closing hospitals
- Did Katie Ledecky win? How she, Team USA finished in 4x200 free relay
- Ammonia leak at Virginia food plant sends 33 workers to hospitals
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 16-year-old brother fatally shot months after US airman Roger Fortson was killed by deputy
Ranking
- What to watch: O Jolie night
- Florida dad accused of throwing 10-year-old daughter out of car near busy highway
- Horoscopes Today, August 1, 2024
- The Latest: Trump on defense after race comments and Vance’s rough launch
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- Montessori schools are everywhere. But what does Montessori actually mean?
- Ballerina Farm Influencer Hannah Neeleman Slams “Attack on Her Family Lifestyle
- 'Love Island UK' Season 11: Who are the winners? How to stream the finale in the US
Recommendation
US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
Colorado wildfires continue to rage as fire-battling resources thin
Man accused of beheading father in their home is competent to stand trial, judge rules
'Deadpool & Wolverine' is a blast, but it doesn't mean the MCU is back
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Chris Evans Reveals If His Dog Dodger Played a Role in His Wedding to Alba Baptista
Massachusetts lawmaker pass -- and pass on -- flurry of bills in final hours of formal session
You're likely paying way more for orange juice: Here's why, and what's being done about it