Current:Home > MarketsSenate 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
Robert Brown View
Date:2025-04-07 02:35:00
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! (87647)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- New Hampshire’s highest court upholds policy supporting transgender students’ privacy
- Sheriff’s office quickly dispels active shooter rumor at Disney World after fight, ‘popping’ sound
- As Mike McCarthy enters make-or-break year, unprecedented scrutiny awaits Cowboys coach
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- What to know about Johnny Gaudreau, Blue Jackets All-Star killed in biking accident
- Justices promise at least 5 weeks between backlogged executions in South Carolina
- Getting paid early may soon be classified as a loan: Why you should care
- Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
- What to watch: Not today, Satan! (Not you either, Sauron.)
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Justices promise at least 5 weeks between backlogged executions in South Carolina
- Target's viral Lewis the Pumpkin Ghoul is sneaking into stores, but won't likely lurk long
- What to watch: Not today, Satan! (Not you either, Sauron.)
- Bodycam footage shows high
- Memphis City Council sues to reinstate gun control measures on November ballot
- Afghan woman Zakia Khudadadi wins Refugee Team’s first medal in Paralympic history
- Illinois man convicted in fatal stabbing of child welfare worker attacked during home visit
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
The haunting true story behind Netflix's possession movie 'The Deliverance'
Botic van de Zandschulp stuns Carlos Alcaraz in straight sets in second round of US Open
2 women charged in Lululemon shoplifting scheme in Minneapolis
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Feds: U.S. student was extremist who practiced bomb-making skills in dorm
Child abuse images removed from AI image-generator training source, researchers say
Neighbor held in disappearance of couple from California nudist resort. Both believed to be dead