Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -Wealth Empowerment Zone
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 01:23:14
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! (76)
Related
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Wisconsin mayor carts away absentee ballot drop box, says he did nothing wrong
- The Best SKIMS Drops This Month: A Bra That's Better Than A Boob Job, Cozy Sets & More
- Oklahoma Gov. Stitt returns to work after getting stent in blocked artery
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Secret Service failures before Trump rally shooting were ‘preventable,’ Senate panel finds
- Another Outer Banks home collapses into North Carolina ocean, the 3rd to fall since Friday
- The Masked Singer Reveals That Made Fans' Jaws Drop
- JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
- Caitlin Clark back in action: How to watch Fever vs. Sun Wednesday in Game 2
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- The Masked Singer Reveals That Made Fans' Jaws Drop
- Maryland Gov. Wes Moore welcomes King Abdullah II of Jordan to state Capitol
- Tearful Julie Chrisley Apologizes to Her Family Before 7-Year Prison Sentence Is Upheld
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Anna Sorokin eliminated from ‘Dancing With the Stars’ in first round of cuts
- Tearful Julie Chrisley Apologizes to Her Family Before 7-Year Prison Sentence Is Upheld
- Monsters: The Lyle and Erik Menendez Story Stars React to Erik Menendez’s Criticism
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Kim Porter’s children say she didn’t write bestselling memoir about Diddy
Jason Kelce Defends Brother Travis Kelce Amid Criticism of NFL Season
New survey finds nearly half of Asian Americans were victims of a hate act in 2023
A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
It’s time to roll up sleeves for new COVID, flu shots
Evacuation order remains in effect for Ohio town where dangerous chemical leak occurred
Adam Pearson is ready to roll the dice