Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -MoneyTrend
Senate begins final push to expand Social Security benefits for millions of people
Robert Brown View
Date:2025-04-11 08:48:04
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! (133)
Related
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Ex-government employee charged with falsely accusing co-workers of joining Capitol riot
- Congressman praises heckling of war protesters, including 1 who made monkey gestures at Black woman
- Indiana Fever move WNBA preseason home game to accommodate Pacers' playoff schedule
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Zebra remains on the loose in Washington state as officials close trailheads to keep people away
- Marijuana backers eye proposed federal regulatory change as an aid to legalizing pot in more states
- Captain sentenced to four years following deadly fire aboard dive boat Conception in California
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- Employer who fired 78-year-old receptionist must now pay her $78,000
Ranking
- What to watch: O Jolie night
- More men are getting their sperm checked, doctors say. Should you get a semen analysis?
- Biden to award Medal of Freedom to Nancy Pelosi, Al Gore, Katie Ledecky and more
- Judge says gun found in car of Myon Burrell, sentenced to life as teen, can be evidence in new case
- A South Texas lawmaker’s 15
- Ashley Graham’s 2-Year-Old Son Roman Gets Stitches on His Face
- After top betting choices Fierceness and Sierra Leone, it’s wide open for the 150th Kentucky Derby
- Why Canelo Álvarez will fight Jaime Munguía after years of refusing fellow Mexican boxers
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Canucks knock out Predators with Game 6 victory, will face Oilers
Runaway steel drum from Pittsburgh construction site hits kills woman
Loss and Damage Meeting Shows Signs of Giving Developing Countries a Bigger Voice and Easier Access to Aid
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Kirstie Alley's estate sale is underway. Expect vintage doors and a Jenny Craig ballgown.
Lawyers dispute child’s cause of death in ‘treadmill abuse’ murder case
Wisconsin Supreme Court will decide whether mobile voting sites are legal