Senate passes bill to boost Social Security benefits for some
- The Senate passed legislation to boost Social Security payments for millions of people, marking a significant achievement for former public employees.
- The bipartisan bill will eliminate reductions to Social Security benefits for nearly 3 million public service workers, including teachers and firefighters.
- The bill received support from all Senate Democrats and 27 Republicans, with a final vote tally of 76-20.
- The increased payments are expected to add $195 billion to federal deficits over 10 years, according to the Congressional Budget Office.
163 Articles
163 Articles
Social Security benefits will increase for millions of Americans if Biden signs this bill
Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — though critics warn that the measure comes at the cost of pushing the fund further toward insolvency.If signed by the president before the new Congress convenes on Jan. 3, the law would boost Social Security payments to more than 2 million beneficiaries, according to the Congressional Research Service. The increases — as much…
Fiscal Prudence Thrown to Wind as Senate Passes Social Security Fairness Act - Real News Now
In a seemingly irresponsible move, the Senate opted to close out two laws that hindered numerous public employees from reaping the advantages of Social Security. This rushed decision may inflict a heavy blow on the overall financial stability of the Social Security system. The vote, a baffling 76-20, was cast on the infamous Social Security Fairness Act, forgoing two components of the current laws – the Windfall Elimination Provision (WEP) and t…
Senate OKs long-sought bill on Social Security
WASHINGTON — The Senate passed a bill early Saturday to boost Social Security payments for millions of people, a longtime priority for former public employees, and sent it to Democratic President Joe Biden.
Some recipients may get larger Social Security checks, even retroactively, but it’s not a done deal yet
Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — though critics warn that the measure comes at the cost of pushing the fund further toward insolvency.If signed by the president before the new Congress convenes on Jan. 3, the law would boost Social Security payments to more than 2 million beneficiaries, according to the Congressional Research Service. The increases — as much…
Millions to Get Bigger Social Security Checks If Biden Signs New Bill – Advertising and Donations – advertising-newsandtimes.com
Millions of Americans may see their Social Security benefits increase under a bill headed to President Joe Biden’s desk — though critics warn that the measure comes at the cost of pushing the fund further toward insolvency.
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