Current:Home > MySenate begins final push to expand Social Security benefits for millions of people -Legacy Profit Partners
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-24 23:41:33
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! (57)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- 'American Ninja Warrior' Vance Walker on grueling back-to-back victories: 'So difficult'
- Southwest Airlines under pressure from a big shareholder shakes up its board
- Jon Snow's sword, Jaime Lannister's golden hand among 'Game of Thrones' items up for grabs
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Dave Mason, the 'Forrest Gump of rock,' shares tales of Traffic, Beatles in memoir
- Don Lemon, with a new book on faith, examines religion in politics: 'It's disturbing'
- Beyoncé Offers Rare Glimpse Into Family Life With Her and Jay-Z’s 3 Kids
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Christian McCaffrey injury: Star inactive for 49ers' Week 1 MNF game vs. New York Jets
Ranking
- The White House is cracking down on overdraft fees
- ACLU plans to spend $1.3M in educate Montana voters about state Supreme Court candidates
- Nevada GOP politician who ran for state treasurer headed toward trial in fundraising fraud case
- MTV VMAs: Riskiest Fashion Moments of All Time
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Georgia police clerk charged with stealing from her own department after money goes missing
- Why Gabrielle Union Thinks She and Dwyane Wade Should Be Posting Farts After 10 Years of Marriage
- Peter Frampton finally finds Rock & Roll Hall of Fame doors open to him
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Unionized Workers Making EV Batteries Downplay Politics of the Product
Ryan Seacrest debuts as 'Wheel of Fortune' host with Vanna White by his side
From Amy Adams to Demi Moore, transformations are taking awards season by storm
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
West Virginia governor to call on lawmakers to consider child care and tax proposals this month
Highlights as Bill Belichick makes 'Manningcast' debut during Jets vs. 49ers MNF game
Congress honors 13 troops killed during Kabul withdrawal as politics swirl around who is to blame