Current:Home > StocksSenate begins final push to expand Social Security benefits for millions of people -消息
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 14:41:13
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! (1662)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Attendees of 1 in 4 higher education programs earn less than high school grads, study finds
- Did your iPhone get wet? Apple updates guidance to advise against putting it in rice
- More than 400 detained in Russia as country mourns the death of Alexey Navalny
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Iowa's Caitlin Clark sets sights on Pete Maravich with next game vs. Indiana
- 4 candidates run in Georgia House election to replace Richard Smith, who died
- 2 children, 2 women face charges in beating death of 3-year-old toddler in Louisiana
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- NCAA men's tournament Bracketology gets changed after after committee's top seeds stumble
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Americans’ reliance on credit cards is the key to Capital One’s bid for Discover
- Daytona 500 highlights: All the top moments from William Byron's win in NASCAR opener
- Alexey Navalny's widow says Russia hiding his body, refusing to give it to his mother
- Meta releases AI model to enhance Metaverse experience
- Hayden Panettiere Shares How She's Honoring Brother Jansen on First Anniversary of His Death
- Tom Sandoval Compares Vanderpump Rules Cheating Scandal to O.J. Simpson and George Floyd
- 'Coke with a twist': What is Coca-Cola Spiced and when can you try it?
Recommendation
Federal hiring is about to get the Trump treatment
What we know about the Minnesota shooting that killed 2 officers and a firefighter
First federal gender-based hate crime trial starts over trans woman's killing
Beyoncé's 'Texas Hold 'Em' debuts on country charts, and it's a big deal
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Tributes to Alexey Navalny removed from Russian cities after his reported death
Want to retire with a million bucks in the bank? Here's one tip on how to do it.
NASA has double the asteroid rubble it expected to receive from space mission