Current:Home > reviewsSenate begins final push to expand Social Security benefits for millions of people -Keystone Capital Education
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-18 18:17:58
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! (676)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Pete Davidson and Chase Sui Wonders Enjoy an Eggs-Cellent Visit to Martha Stewart's Farm
- Shoppers Have Compared Results From These TikTok-Famous Wrinkle Patches to Botox
- Khloe Kardashian and Kylie Jenner's Kids Are the Cutest Bunnies at Family's Easter 2023 Celebration
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- These 4 charts explain why the stakes are so high at the U.N. climate summit
- Indonesia raises volcano warning to second-highest level
- This Glimpse of Behati Prinsloo and Adam Levine's New Baby Will Be Loved
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Climate change is making it harder to provide clean drinking water in farm country
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Manchin says Build Back Better's climate measures are risky. That's not true
- Billions of federal dollars could replace lead pipes. Flint has history to share
- Guyana is a poor country that was a green champion. Then Exxon discovered oil
- B.A. Parker is learning the banjo
- Pope Francis is asking people to pray for the Earth as U.N. climate talks begin
- Zombie Detective Actress Jung Chae-yul Dead at 26
- From a place of privilege, she speaks the truth about climate to power
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Hurry to Coach Outlet's 70% Off Limited-Time Sale for Trendy Tote Bags, Wallets & More Starting at $26
The biggest problem facing the U.S. electric grid isn't demand. It's climate change
Monsoon rains inundate northern India, with floods and landslides blamed for almost two dozen deaths
South Korean president's party divided over defiant martial law speech
Heather Graham Calls Out the Sexism During Her Hollywood Career
Khloe Kardashian, Gwyneth Paltrow and More Stars Who Gave Their Kids Unique Names
Hong Kong police arrest 4, accusing them of supporting pro-democracy leaders overseas