Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -Blueprint Wealth Network
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-13 15:39:18
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! (92)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Charred homes, blackened earth after Texas town revisited by destructive wildfire 10 years later
- Nevada and other swing states need more poll workers. Can lawyers help fill the gap?
- 13 Travel-Approved Loungewear Sets That Amazon Reviewers Swear By
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Freight train carrying corn derails near Amtrak stop in northeast Nevada, no injuries reported
- Older US adults should get another COVID-19 shot, health officials recommend
- Pennsylvania sets up election security task force ahead of 2024 presidential contest
- Travis Hunter, the 2
- Nevada and other swing states need more poll workers. Can lawyers help fill the gap?
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- What is a leap year, and why do they happen? Everything to know about Leap Day
- An Ohio city is marking 30 years since the swearing-in of former US Treasurer Mary Ellen Withrow
- Pennsylvania sets up election security task force ahead of 2024 presidential contest
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- A bill would close 3 of Mississippi’s 8 universities, but lawmakers say it’s likely to die
- Reparations experts say San Francisco’s apology to black residents is a start, but not enough
- Video shows deputies rescue 5-year-old girl from swamp after she wandered into Florida forest
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
'Rare, collectible piece': Gold LEGO mask found at Goodwill sells for more than $18,000
Mitch McConnell stepping down as Senate GOP leader, ending historic 17-year run
We owe it to our moms: See who our Women of the Year look to for inspiration
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Report: Chiefs release WR Marquez Valdes-Scantling, save $12 million in cap space
New York AG says meat producing giant made misleading environmental claims to boost sales
Owners of St. Louis nursing home that closed abruptly face federal fine of more than $55,000