Lawmakers Gather Signatures to Block Social Security Benefit Cuts Impacting 3 Million Americans ✨

House members have collected enough signatures to push for a vote on legislation that would prevent benefit reductions for retirees with pensions, safeguarding millions of Americans' financial security.

Lawmakers Gather Signatures to Block Social Security Benefit Cuts Impacting 3 Million Americans ✨
Benzinga
23.1K views • Sep 20, 2024
Lawmakers Gather Signatures to Block Social Security Benefit Cuts Impacting 3 Million Americans ✨

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House lawmakers secured enough signatures to force a vote on a bill to eliminate Social Security rules that reduce benefits for certain retirees with pensions. The bipartisan Social Security Fairness Act aims to repeal the Windfall Elimination Provision and Government Pension Offset, which affect nearly 3 million Americans. In a press conference, lawmakers highlighted the unfair impact of these rules on police, firefighters, teachers, and other public employees. The Congressional Budget Office estimates that repealing the Social Security rules would cost $196 billion over 10 years, further straining the program's trust fund, which is projected to run out by 2035.

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