8 sources·Politics

Senate Passes Social Security Fairness Act Amid Bipartisan Support

The Senate approved the Social Security Fairness Act, enhancing benefits for 2.8 million public workers, raising concerns about the financial sustainability of the program.

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Updated: Dec 21st, 2024, 2:27 PM ET

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The Senate passed the Social Security Fairness Act with a 76-20 vote, eliminating two provisions that reduced benefits for more than 2.8 million public sector workers. Bipartisan support included 27 Republicans, while 20 GOP senators opposed the measure due to its impact on the program's financial health. The bill, with an estimated cost of $196 billion over ten years, aims to deliver full Social Security benefits to affected public employees, despite concerns from fiscal conservatives about exacerbating deficits and hastening insolvency timelines. The legislation awaits President Biden's signature.


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Senate Passes Social Security Fairness Act Amid Bipartisan Support - Pano News