Current:Home > NewsSenate 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
View
Date:2025-04-12 13:35:19
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! (99337)
Related
- Intellectuals vs. The Internet
- 3 men face firearms charges after Kansas City Chiefs Super Bowl parade shooting, authorities say
- George Widman, longtime AP photographer and Pulitzer finalist, dead at 79
- South Dakota prosecutors to seek death penalty for man charged with killing deputy during a pursuit
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Going abroad? Time to check if you're up to date on measles immunity, CDC says
- Top 5 landing spots for wide receiver Mike Williams after Chargers release him
- 16 SWAT officers hospitalized after blast at training facility in Southern California
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Dozens of performers pull out of SXSW in protest of military affiliations, war in Gaza
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- A proposal to merge 2 universities fizzles in the Mississippi Senate
- Is Messi playing tonight? Inter Miami vs. Nashville Champions Cup stream, live updates
- 1 dead and 1 missing after kayak overturns on Connecticut lake
- Meet first time Grammy nominee Charley Crockett
- Michigan jury returning to decide fate of school shooter’s father in deaths of 4 students
- Mega Millions' most drawn numbers may offer clues for March 15, 2024, drawing
- Police say suspect in a Hawaii acid attack on a woman plotted with an inmate to carry out 2nd attack
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Lionel Messi follows up Luis Suárez's tally with goal of his own for Inter Miami
When is Selection Sunday for women’s March Madness? When brackets will be released.
Viral bald eagle parents' eggs unlikely to hatch – even as they continue taking turns keeping them warm
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
500 pounds of pure snake: Massive python nest snagged in Southwest Florida
Kentucky House passes a bill aimed at putting a school choice constitutional amendment on the ballot
Why Arnold Schwarzenegger's Son Joseph Baena Doesn't Use His Dad's Last Name