Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -Wealth Harmony Network
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-15 08:41:16
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! (21)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- A rare piebald cow elk is spotted in Colorado by a wildlife biologist: See pictures
- Some nations want to remove more pollution than they produce. That will take giving nature a boost
- Ryan O'Neal, Oscar-nominated actor from 'Love Story,' dies at 82: 'Hollywood legend'
- What to watch: O Jolie night
- Congo’s president makes campaign stop near conflict zone and blasts Rwanda for backing rebels
- Gluten is a buzzy protein. Here’s when you need to cut it from your diet.
- Embattled wolves gain a new frontier in Democratic Colorado. The move is stoking political tensions
- Nevada attorney general revives 2020 fake electors case
- Real-life Grinch steals Christmas gifts for kids at Toys For Tots Warehouse
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Bravo Fans Will Love These Gift Ideas From Danny Pellegrino, Including a Scheana Shay Temporary Tattoo
- Holiday tree trends in 2023: 'Pinkmas' has shoppers dreaming of a pink Christmas
- Bronny James makes college debut for USC nearly 5 months after cardiac arrest
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Adam McKay accused of ripping off 2012 book to create Oscar-nominated film 'Don't Look Up'
- Florida man dies after golf cart hits tree, ejecting him into nearby pond: Officials
- Eagles' Tush Push play is borderline unstoppable. Will it be banned next season?
Recommendation
All That You Wanted to Know About She’s All That
Golden Globes 2024: The Nominations Are Finally Here
Joe Flacco named Browns starting quarterback for rest of season after beating Jaguars
Russian presidential hopeful vows to champion peace, women and a ‘humane’ country
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Another Chinese spy balloon? Taiwan says it's spotted one flying over the region
Cardi B Confirms She's Single After Offset Breakup
Cambodia’s leader holds talks in neighboring Vietnam on first visit since becoming prime minister