Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -WealthMindset Learning
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-17 10:46:48
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! (23)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Powerball winning numbers for September 28: Jackpot at $258 million
- 'Multiple' deaths reported after single-engine plane crashes in North Carolina
- Josh Allen's fresh approach is paying off in major way for Bills
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- Tom Brady responds to Bucs QB Baker Mayfield's critical remarks: 'This wasn't daycare'
- Opinion: Florida celebrating Ole Miss loss to Kentucky? It brings Lane Kiffin closer to replacing Billy Napier
- Is there a 'ManningCast' tonight? When Peyton, Eli Manning's ESPN broadcast returns
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- University imposes a one-year suspension on law professor over comments on race
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Tom Brady responds to Bucs QB Baker Mayfield's critical remarks: 'This wasn't daycare'
- Do food dyes make ADHD worse? Why some studies' findings spur food coloring bans
- A handcuffed Long Island man steals a patrol car after drunk driving arrest, police say
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- NFL games today: Schedule for Sunday's Week 4 matchups
- A handcuffed Long Island man steals a patrol car after drunk driving arrest, police say
- Red Sox honor radio voice Joe Castiglione who is retiring after 42 years
Recommendation
Sonya Massey's family keeps eyes on 'full justice' one month after shooting
Earthquake registering 4.2 magnitude hits California south of San Francisco
Nebraska law enforcement investigating after fatal Omaha police shooting
3 easy mistakes can be deadly after a hurricane: What to know
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
France’s new government pledges hardline stance on migration as it cozies up to far right
Attorneys for NYC Mayor Eric Adams seek dismissal of bribery charge brought by ‘zealous prosecutors’
California wildfire flareup prompts evacuation in San Bernardino County