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It was repealed by the Social Security Fairness Act of 2023 (H.R. 82), which President Biden signed on January 5, 2025. It reduced spousal and widow(er) Social Security retirement benefits in situations where the spouse did not pay Social Security taxes on their employment earnings. Many state and local government employees and other non ...
For instance, under the GPO, someone who receives a $900 spousal benefit from Social Security but who also has a $1,000 non-covered pension would see their Social Security benefit cut by $667.
Once signed into law, the legislation's effective date involves Social Security payments for months after December 2023, according to the text of the bill. Still, calculating what folks are due ...
Social Security Fairness Act of 2019 S. 560: February 14, 2019 Sherrod Brown (D-OH) 38 Died in committee 117th Congress: Social Security Fairness Act of 2021 H.R. 82: January 4, 2021 Rodney Davis (R-IL) 305 Died in committee S. 1302: April 22, 2021 Sherrod Brown (D-OH) 42 Died in committee 118th Congress: Social Security Fairness Act of 2023 H ...
A big one is cost: Repealing the rules could add nearly $200 billion to the Social Security program's expenditures. Because Social Security reform has always been politically contentious, any ...
For Social Security, which receives the tax on the first 50% of benefits, they're vital to the program's revenue stream —$50.7 billion, or 3.75% of all revenues, in 2023.
Republicans want to cut Social Security benefits and protect the 1% from paying their share in taxes; Democrats know we can afford to raise benefits.
A group of Republican lawmakers aims to balance the federal budget and slash government spending by targeting programs like Social Security -- and some seniors could see a major reduction in ...