Current:Home > NewsSenate 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:2025-04-16 01:05:07
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! (17286)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Senators call on Federal Trade Commission to investigate automakers’ sale of driving data to brokers
- Canelo Alvarez will reportedly lose 168-pound IBF title ahead of Berlanga fight
- 'Transformers One': Chris Hemsworth embraces nostalgia as Optimus Prime
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Gov. Newsom passed a new executive order on homeless encampments. Here’s what it means
- US national parks have a troubling history. A new project aims to do better.
- Arkansas abortion measure’s signatures from volunteers alone would fall short, filing shows
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Senators call on Federal Trade Commission to investigate automakers’ sale of driving data to brokers
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Watch this police K-9 become the hero of an urgent search and rescue
- Kamala Harris urges viewers to vote in 'RuPaul's Drag Race All Stars' appearance: Watch
- NORAD intercepts Russian and Chinese bombers off coast of Alaska
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Canada Olympics drone scandal, explained: Why women's national team coach is out in Paris
- Christina Hall Says She Reached “Breaking Point” With “Insecure” Ex Josh Hall Amid Divorce
- 'Deadpool & Wolverine': What to know before you see the Marvel sequel
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Leanne Wong's Olympic Journey: Essential Tips, Must-Haves, and Simone Biles’ Advice
France’s train network hit by 'massive attack' before Olympics opening ceremony
A federal court approves new Michigan state Senate seats for Detroit-area districts
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Rosalía and Jeremy Allen White, Lady Gaga: See the celebrities at the 2024 Olympics
Olivia Newton-John's Nephew Shares One of the Last Times His Beloved Aunt Was Captured on Film
Iron coated teeth, venom and bacteria: A Komodo dragon's tool box for ripping apart prey