Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -Elevate Capital Network
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-28 00:42:34
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! (83367)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Tennis legend Rafael Nadal announces he will retire after Davis Cup Finals
- Meet TikToker Lt. Dan: The Man Riding Out Hurricane Milton on His Boat
- Garth Brooks Says Rape Accuser Wanted to Blackmail Him for Millions Amid Allegations
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Sabrina Ionescu brought back her floater. It’s taken the Liberty to the WNBA Finals
- Stanley Tucci Shares The One Dish Wife Felicity Blunt Won’t Let Him Cook for Christmas
- How do I show my worth and negotiate the best starting salary? Ask HR
- DoorDash steps up driver ID checks after traffic safety complaints
- Travis Barker Shares Sweet Shoutout to Son Landon Barker for 21st Birthday
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 7-year-old climbs out of car wreck to flag help after fatal crash in Washington
- Lisa Marie Presley Shares She Had Abortion While Dating Danny Keough Before Having Daughter Riley Keough
- 3 out of every 5 gas stations in Tampa are out of fuel as Hurricane Milton approaches
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Shop Flannel Deals Under $35 and Save Up to 58% Before Prime Day Ends!
- Twins born conjoined celebrate 1st birthday after separation surgery
- Jax Taylor Makes Surprise House of Villains Return—And Slams One Former Costar
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Last Chance: Score Best-Selling Bodysuits Under $20 Before Amazon Prime Day 2024 Ends
Opinion: Luis Tiant deserves to be in the Baseball Hall of Fame
Hurricane Milton disrupts Yom Kippur plans for Jews in Florida
Skins Game to make return to Thanksgiving week with a modern look
Stanley Tucci Shares The One Dish Wife Felicity Blunt Won’t Let Him Cook for Christmas
This Garment Steamer Is Like a Magic Wand for Your Wardrobe and It’s Only $24 During Amazon Prime Day
Here's the one thing 'Saturday Night' director Jason Reitman implored his actors not to do