Congress passed legislation Thursday ensuring that 44 million Social Security checks will go out on time - even if the White House and Republicans are unable to resolve their differences over extending the government's $4.9 trillion borrowing limit....
The bipartisan bill — theSocial Security Fairness Act— would repeal rules known as the Windfall Elimination Provision, or WEP, and the Government Pension Offset, or GPO, that currently reduce Social Security benefits for almost 3 million Americans. More from Personal Finance: The 'vibecessi...
lower birth rates and the widening income gap — the Social Security Trustees 2018 report projects that beneficiaries will see a 21 percent cut in benefits by 2034 unless Congress takes action to prevent the funding shortfall. The Congressional Budget Office's estimate is more dire, pegging the y...
RIO DE JANEIRO, March 20 (Xinhua) -- The Brazilian government on Wednesday presented to the Congress a bill for the reform of the social security system of the military. The reform will affect the pension and retirement system of members of the Armed Forces, Military Police Corps and Fire D...
Did the House Freedom Caucus block the Social Security bill? Two leaders of the conservative House Freedom Caucus intervened when the rest of Congress was away from Capitol Hill, mostly in home states for Election Day. The Freedom Caucus chairman Rep. Andy Harris, R-Md., and former ch...
Bipartisan support for the Social Security Fairness Act TheSocial Security Fairness Act, one of the mostbipartisanbills in Congress this session, aims to repeal WEP and GPO. The Housevotedtopass the legislationNov. 12, and theSenate approved iton Friday, Dec. 20. ...
The bill enjoys support from more than 100 House Republicans, and almost four dozen have cosigned the effort to use what’s known as a discharge petition to force consideration of the bill. But the strategy is rubbing some in the conference the wrong way. “In a well-run Congress, no ...
The Senate is plowing forward with consideration of the Social Security Fairness Act, clearing its first procedural hurdle on what supporters hope is a path to passage later this week. The Senate voted 73-27 to advance the measure, which could mean highe
RIO DE JANEIRO, Feb. 5 (Xinhua) -- Brazilian President Michel Temer Monday urged Congress to approve the social security reform bill, which has run into controversy for its retirement policy. Temer highlighted the importance of the reform for the country at the opening of this year's Congress...
What happens next to the Social Security Fairness Act? Despite having 62 cosponsors in the Senate, the bill still needs to be brought up for a vote by the chamber's leadership, and soon. The bill "dies December 31, at the end of the second session of Congress," Benton said. "Not on...