Senate prepares to vote on Social Security Fairness Act to expand benefits
The Senate is moving toward a vote on the Social Security Fairness Act, which aims to provide full benefits to millions by repealing two policies that reduce payments for certain recipients. The bill has bipartisan support and passed the House. Senate Majority Leader Chuck Schumer announced the final voting process, emphasizing the need to protect benefits for public service workers. The legislation requires at least 60 votes to pass in the Senate before heading to President Biden. The bill could add $195 billion to federal deficits over ten years and may accelerate the insolvency of the Social Security program. Some Republicans express concerns about its cost, while others support the bill as a necessary reform.