Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -ChatGPT
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 14:18:20
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! (76443)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Georgia regents nominate current Augusta University administrator as next president
- Spotify is increasing membership prices again: See if your monthly bill will change
- Cucumbers linked to salmonella outbreak that has spread to 25 states
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Solar Panel Prices Are Low Again. Here’s Who’s Winning and Losing
- Colorado: 'Hidden' elk charges, injures 4-year-old boy in second elk attack in a week
- Jake Gyllenhaal's legal blindness helps him in movie roles
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- MotorTrend drives Porsches with 'Bad Boys' stars Will Smith and Martin Lawrence
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- The carnivore diet is popular with influencers. Here's what experts say about trying it.
- Walmart announces annual bonus payments for full- and part-time US hourly workers
- Halsey reveals dual lupus and lymphoproliferative disorder diagnoses
- What do we know about the mysterious drones reported flying over New Jersey?
- AI ‘gold rush’ for chatbot training data could run out of human-written text
- Woman’s 2023 death was first fatal black bear attack on a human in California records, officials say
- SpaceX launch livestream: How to watch Starship's fourth test flight
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Trump's conviction in New York extends losing streak with jurors to 0-42 in recent cases
Missouri sets execution date for death row inmate Marcellus Williams, despite doubts over DNA evidence
Horoscopes Today, June 5, 2024
What do we know about the mysterious drones reported flying over New Jersey?
Jessica Alba Reveals How She and Cash Warren Reconnected After Previous Breakup
Biden lauds WWII veterans on D-Day 80th anniversary, vows NATO solidarity in face of new threat to democracy
Dakota Fanning Reveals Unconventional Birthday Gift Tom Cruise Has Given Her Every Year Since She Was 12