Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -ProfitEdge
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-12 03:41:30
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! (96361)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- New York Yankees World Series odds drastically improve after Juan Soto trade
- Russian hackers accused of targeting U.S. intelligence community with spear phishing campaign
- Applesauce recall linked to 64 children sick from high levels of lead in blood, FDA says
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Mexico City rattled by moderate 5.8 magnitude earthquake
- Nintendo cancels its Live 2024 Tokyo event after persistent threats to workers and customers
- Hundreds of New Jersey police officers attended training conference that glorified violence, state comptroller's office says
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Dutch police arrest a Syrian accused of sexual violence and other crimes in Syria’s civil war
Ranking
- Meta releases AI model to enhance Metaverse experience
- Illinois woman gets 55 years after pleading guilty but mentally ill in deaths of boyfriend’s parents
- Actress Keisha Nash, Forest Whitaker's Ex-Wife, Dead at 51
- Peaky Blinders' Benjamin Zephaniah Dead at 65 After Brain Tumor Battle
- What to watch: O Jolie night
- Trump appeals ruling rejecting immunity claim as window narrows to derail federal election case
- How The Beatles and John Lennon helped inspire my father's journey from India to New York
- Greek policeman severely injured in attack by fans during Athens volleyball match
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
'The Archies' movie: Cast, trailer, how to watch new take on iconic comic books
NCAA facing new antitrust suit on behalf of athletes seeking 'pay-for-play' and damages
Russian hackers accused of targeting U.S. intelligence community with spear phishing campaign
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Why Prince Harry Says He and Meghan Markle Can't Keep Their Kids Safe in the U.K.
Man fatally shoots 11-year-old girl and wounds 2 others before shooting self, police say
The Essentials: 'Golden Bachelor' Gerry Turner needs cherry fudge ice cream, Swiffer WetJet