Current:Home > ContactSenate begins final push to expand Social Security benefits for millions of people -AssetVision
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-13 15:18:03
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! (9)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Journalists: Apply Now for the InsideClimate News Mountain West Environmental Reporting Workshop
- The Limit Does Not Exist On How Grool Pregnant Lindsay Lohan's Beach Getaway Is
- North Carolina's governor vetoed a 12-week abortion ban, setting up an override fight
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Ariana Madix Claims Tom Sandoval and Raquel Leviss Had Sex in Her Guest Room While She Was Asleep
- Employers are upping their incentives to bring workers back to the office
- Survivor Season 44 Crowns Its Winner
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- New York Rejects a Natural Gas Pipeline, and Federal Regulators Say That’s OK
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Bags of frozen fruit recalled due to possible listeria contamination
- Amazon sued for allegedly signing customers up for Prime without consent
- Bad Bunny's Sexy See-Through Look Will Drive You Wild
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Teens say social media is stressing them out. Here's how to help them
- Dwindling Arctic Sea Ice May Affect Tropical Weather Patterns
- Vanderpump Rules' Tom Sandoval Claims His and Ariana Madix's Relationship Was a Front
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Tina Turner Dead at 83: Ciara, Angela Bassett and More Stars React to the Music Icon's Death
Scientists zap sleeping humans' brains with electricity to improve their memory
Homelessness rose in the U.S. after pandemic aid dried up
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Psychedelic freedom with Tonya Mosley; plus, 'Monica' and ambiguous apologies
Arctic Report Card 2019: Extreme Ice Loss, Dying Species as Global Warming Worsens
Caught Off Guard: The Southeast Struggles with Climate Change