Current:Home > ScamsSenate begins final push to expand Social Security benefits for millions of people -Aspire Money Growth
Senate begins final push to expand Social Security benefits for millions of people
View
Date:2025-04-14 08:43:36
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! (94)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Missing woman who called 911 for help over a month ago found dead in remote area near Arizona-California border
- Multiple people hurt in Texas crash involving as many as 30 vehicles during dust storm
- Taylor Swift wins artist of the year at iHeartRadio Awards: 'To the fans, it's completely up to you'
- Trump issues order to ban transgender troops from serving openly in the military
- Invaders from underground are coming in cicada-geddon. It’s the biggest bug emergence in centuries
- Watch: Pieces of Francis Scott Key Bridge removed from Baltimore port after collapse
- U.N. military observers, Lebanese interpreter wounded while patrolling southern Lebanese border, officials say
- Stamford Road collision sends motorcyclist flying; driver arrested
- How a biased test kept thousands of Black patients from getting a new kidney
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Rebel Wilson Shares She Tried Ozempic Amid Weight-Loss Journey
- How a biased test kept thousands of Black patients from getting a new kidney
- Sean 'Diddy' Combs returns to Instagram following home raids, lawsuits
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Ringleader of Romanian ATM 'skimming' operation gets 6 years for scamming low-income victims
- Here’s how to protect yourself from common scams this tax season
- Vermont advances bill requiring fossil fuel companies pay for damage caused by climate change
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Beyoncé pushes the confines of genre with 'Cowboy Carter.' Country will be better for it.
Ramy Youssef wants God to free Palestine and 'all the hostages' in 'SNL' monologue
Take Center Stage At Coachella & Stagecoach With These Eye-Catching Festival Makeup Picks
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Maroon 5 was right: Rolling Stones' Mick Jagger still has the 'Moves Like Jagger' at 80
As US traffic fatalities fall, distracted drivers told to 'put the phone away or pay'
Powerball jackpot heats up, lottery crosses $1 billion: When is the next drawing?