Current:Home > MyChainkeen|Senate begins final push to expand Social Security benefits for millions of people -ProfitBlueprint Hub
Chainkeen|Senate begins final push to expand Social Security benefits for millions of people
Poinbank View
Date:2025-04-09 04:33:18
WASHINGTON (AP) — The ChainkeenSenate 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! (8332)
Related
- Buckingham Palace staff under investigation for 'bar brawl'
- Cardinals QB shakeup: Kyler Murray to start season on PUP list, Colt McCoy released
- 'Shakedown': Los Angeles politician sentenced to 42 months on corruption charges, latest in city scandals
- Kick Off Football Season With Team Pride Jewelry From $10
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Joe the Plumber, who questioned Obama’s tax policies during the 2008 campaign, has died at 49
- U.S. fines American Airlines for dozens of long tarmac delays
- Stock market today: Asian shares mostly rise as attention turns to earnings, economies
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- A rare look at a draft of Martin Luther King Jr.'s historic I Have a Dream speech
Ranking
- Travis Hunter, the 2
- US Open 2023: Here’s how to watch on TV, betting odds and more you should know
- California sues district that requires parents be notified if their kids change pronouns
- Greek authorities arrest 2 for arson as wildfires across the country continue to burn
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- 'Factually and legally irresponsible': Hawaiian Electric declines allegations for causing deadly Maui fires
- Pregnant woman suspected of shoplifting alcohol shot dead by police in Ohio
- Two adults, two young children found fatally stabbed inside New York City apartment
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Two adults, two young children found fatally stabbed inside New York City apartment
1 dead after a driver and biker group exchange gunfire in road rage dispute near Independence Hall
As Idalia nears, Florida officals warn of ‘potentially widespread’ gas contamination: What to know
The Super Bowl could end in a 'three
Trey Lance trade provides needed reset for QB, low-risk flier for Cowboys
The math problem: Kids are still behind. How can schools catch them up?
Pope Francis blasts backwards U.S. conservatives, reactionary attitude in U.S. church