Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -ValueCore
Senate begins final push to expand Social Security benefits for millions of people
Burley Garcia View
Date:2025-04-07 18:34:13
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! (494)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Diddy's houses were raided by law enforcement: What does this mean for the music mogul?
- New trial denied for ‘Rust’ armorer convicted in fatal shooting of cinematographer by Alec Baldwin
- Arkansas, local officials mark anniversary of tornadoes that killed four and destroyed homes
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Brittney Griner re-signs with the Phoenix Mercury, will return for 11th season in WNBA
- Harvard says it has removed human skin from the binding of a 19th century book
- Ariana Madix Announces Bombshell Next Career Move: Host of Love Island USA
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Convicted ex-New Orleans mayor has done his time. Now, can he get the right to carry a gun?
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- 4th person charged in ambush that helped Idaho prison inmate escape from Boise hospital
- UNLV releases video of campus shooter killed by police after 3 professors shot dead
- New Jersey youth wrestling coach sentenced to more than 7 years in child sex abuse images case
- This was the average Social Security benefit in 2004, and here's what it is now
- Flying during the solar eclipse? These airports could see delays, FAA says
- Moscow attack fuels concern over global ISIS-K threat growing under the Taliban in Afghanistan
- Maine governor proposes budget revisions to fund housing and child care before April adjournment
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Chicago-area doctor sexually abused more than 300 patients and hospitals ignored it, lawsuit claims
Funeral held for Joe Lieberman, longtime U.S. senator and 2000 vice presidential nominee
Kim Kardashian's Son Psalm Shocks Fans With Grown Up Appearance in New Video
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Christine Quinn Makes First Public Appearance Since Estranged Husband's Arrest
California woman says her bloody bedroom was not a crime scene
Baltimore bridge collapse victim, father of three, was fighting for us always, wife tells WJZ