Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -Secure Growth Academy
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-17 17:01:34
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! (433)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- California man found guilty of murder in 2021 shooting of 6-year-old on busy freeway
- Czech lower house approves tougher gun law after nation’s worst mass shooting. Next stop Senate
- NBA announces All-Star Game starters; LeBron James earns 20th straight nod
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- George Carlin estate files lawsuit, says AI comedy special creators 'flout common decency'
- U.N. slams Israel for deadly strike on Gaza shelter as war with Hamas leaves hospitals under siege
- What happened at the nation’s first nitrogen gas execution: An AP eyewitness account
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Closing arguments slated as retrial of ex-NFL star Smith’s killer nears an end
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Protesters gather outside a top Serbian court to demand that a disputed election be annulled
- Leipzig releases two youth players after racist comments about teammates
- Ake keeps alive Man City treble trophy defense after beating Tottenham in the FA Cup
- See you latte: Starbucks plans to cut 30% of its menu
- CIA Director William Burns to travel to Europe for fourth round of Gaza hostage talks
- DJ Rick Buchanan Found Decapitated in Memphis Home
- Man accused of picking up teen fugitive following escape now facing charges, authorities say
Recommendation
The Daily Money: Spending more on holiday travel?
Bobby Berk explains leaving 'Queer Eye,' confirms drama with Tan France: 'We will be fine'
Georgia Senate passes a panel with subpoena power to investigate District Attorney Fani Willis
Nevada high court ruling upholds state authority to make key groundwater decisions
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
What's Making Us Happy: A guide to your weekend viewing, reading and browsing
Gov. Evers appoints longtime state Sen. Lena Taylor to be Milwaukee judge
Coco Gauff eliminated from Australian Open in semifinal loss to Aryna Sabalenka