Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -StockSource
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-15 10:17:53
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! (73162)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- DeSantis attorneys ask federal judge to dismiss Disney’s free speech lawsuit
- The Excerpt podcast: Prosecutors ask Supreme Court to decide if Trump may claim immunity
- Singer Zahara, South Africa’s Afro-soul sensation and beloved ‘Country Girl,’ dies aged 36
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- U.N. says Israel-Hamas war causing unmatched suffering in Gaza, pleads for new cease-fire, more aid
- Tommy DeVito's agent makes waves with outfit, kisses during Giants game
- Suicide bomber attacks police station in northwest Pakistan, killing 3 officers and wounding 16
- Meet first time Grammy nominee Charley Crockett
- Clemson defeats Notre Dame for second NCAA men's soccer championship in three years
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- The 2024 Toyota Prius wins MotorTrend's Car of the Year
- As Navalny vanishes from view in Russia, an ally calls it a Kremlin ploy to deepen his isolation
- Dinosaur head found in U.K., and experts say it's one of the most complete pliosaur skulls ever unearthed
- B.A. Parker is learning the banjo
- How Zach Edey, Purdue men's hoops star, is overcoming immigration law to benefit from NIL
- CPR can be lifesaving for some, futile for others. Here's what makes the difference
- 'Taxi' reunion: Tony Danza talks past romance with co-star Marilu Henner
Recommendation
Highlights from Trump’s interview with Time magazine
'I'm not OK': Over 140 people displaced after building partially collapses in the Bronx
Hasbro to lay off 1,100 employees, or 20% of its workforce, amid lackluster toy sales
Kat Dennings marries Andrew W.K., joined by pals Macaulay Culkin and Brenda Song for ceremony
What to watch: O Jolie night
'The Voice' contestants join forces for Taylor Swift tributes: 'Supergroup vibes'
Thousands of protesters gather in Brussels calling for better wages and public services
MI6 chief thanks Russian state television for its ‘help’ in encouraging Russians to spy for the UK