Senate to Decide on Expanding Social Security Benefits

1 min read
Source: ABC News
Senate to Decide on Expanding Social Security Benefits
Photo: ABC News
TL;DR Summary

The House has passed a bill to expand Social Security benefits by repealing the Windfall Elimination Provision and Government Pension Offset, which limit payouts for about 2.8 million people, including government workers and their spouses. The bill, which has bipartisan support, now moves to the Senate, where its passage is uncertain. If enacted, it would increase federal deficits by $195 billion over 10 years, adding strain to the Social Security Trust funds. The bill must pass the Senate by January 3, 2023, or it will expire.

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