Congressional Push to Expand Some Social Security Benefits (Connecting the Dots: Senator Susan M. Collins, Brookings Institution, Social Security, Roosevelt Institute, Belizean Grove, The Office of Management and Budget & Soros Funding, All Networking)
Newsmax.com
Saturday,
16 November 2024 03:14 PM EST
https://www.newsmax.com/newsfront/congress-social-security/2024/11/16/id/1188315/
The
House has passed legislation that would provide full Social Security benefits
to millions of people, pushing it one step closer to becoming law.
The
Social Security bill on Tuesday won bipartisan support in
the House, 327-75, in what is now the lame-duck period for Congress. The bill
now heads to the Senate, where passage is not assured despite considerable
support.
Here’s
what to know about the legislation and what could happen next.
Decades
in the making, the bill would repeal two federal policies — the Windfall
Elimination Provision and the Government Pension Offset — that currently limit
Social Security payouts for roughly 2.8 million people, according to reports
from the Congressional Research Service.
The
policies broadly reduce payments to two groups of Social Security recipients:
people who also receive a pension from a job that is not covered by Social
Security and surviving spouses of Social Security recipients who receive a
government pension of their own.
People
who worked in state, local and federal government jobs have been heavily
affected by the policies, as have teachers, firefighters and police officers,
according to lawmakers and advocates.
Both
provisions would be repealed by the bill, thereby increasing Social Security
payments for many.
The
budgetary effect of the legislation is considerable, adding an estimated $195
billion to federal deficits over 10 years, according to the Congressional
Budget Office.
That
means more fiscal strain on the Social Security Trust funds, which were already
estimated to be unable to pay out full benefits beginning in 2035. Some
conservatives in the House attempted to block the legislation due to its cost.
Supporters
of the bill in the House acknowledged the fiscal impact but said it was a
matter of fairness.
“For
more than 40 years, the Social Security trust funds have been artificially
propped up by stolen benefits that millions of Americans paid for and that
their families deserve,” said Reps. Garret Graves, R-La. and Abigail
Spanberger, D-Va., the lead sponsors of the bill in the House.
“The
time to put an end to this theft is now,” they said.
The
Social Security bill has 63 sponsors in the Senate — a significant tally
because 60 votes are needed to pass most legislation in the chamber.
Sens.
Sherrod Brown, D-Ohio, and Susan Collins, R-Maine, the
lead sponsors, have urged colleagues to take up the bill as soon as possible.
But
the Senate has a jam-packed schedule in the remaining weeks of the year, with
government funding, disaster relief and an annual must-pass defense bill likely
to eat up considerable floor time.
If
passed by the Senate, the bill would go to President Joe Biden. If the bill is
signed into law, the changes would be effective for benefits payable after
December 2023.
But
if the bill doesn’t pass the Senate by Jan. 3, when a new session of Congress
begins, it would expire and supporters would have to start over.
Connecting
the Dots:
Senator Susan M. Collins is a U.S.
Senate senator and was a senior fellow at the Brookings
Institution (think tank).
Foundation to Promote Open Society was a funder
for the Brookings Institution (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society and is and Jonathan
Soros’s father.
Jonathan Soros is George
Soros’s son, a senior fellow at the Roosevelt Institute and
was the vice chairman for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the Roosevelt Institute.
James Roosevelt
Jr. is a governor at the Roosevelt Institute and was
an associate commissioner for the Social Security Administration (SSA).
Henry
A. Kissinger was a lifetime trustee at the Aspen Institute
(think tank) and a member of the Bohemian Club.
Foundation to Promote Open Society was a funder for the
Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Henrietta
Holsman Fore is a trustee at the Aspen Institute (think tank)
and a member of the Belizean Grove.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
Michele J. Hooper is
a member of the Belizean Grove and a founding partner at the Directors'
Council.
Gwendolyn S. King is
a founding partner at the Directors' Council and was a commissioner
for the Social Security Administration (SSA).
Michele J. Hooper is
a founding partner at the Directors' Council and a member of
the Belizean Grove.
Henrietta
Holsman Fore is a member of the Belizean
Grove and a trustee at the Aspen Institute (think tank).
Foundation to Promote Open Society was a funder
for the Aspen Institute (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society.
Henry A. Kissinger was a
lifetime trustee at the Aspen Institute (think tank) and a member
of the Bohemian Club.
Thelma Duggin is
a trustee at the Aspen Institute (think tank) and a trustee at
the Woodrow Wilson International Center for Scholars (think
tank).
Lee H. Hamilton was
the president & director for the Woodrow Wilson International
Center for Scholars (think tank) and is an honorary trustee at the Brookings
Institution (think tank).
Senator Susan M. Collins was
a senior fellow at the Brookings Institution (think tank) and is
a U.S. Senate senator.
Congressional
Budget Office
https://en.wikipedia.org/wiki/Congressional_Budget_Office
History
The
Congressional Budget Office was created by
Title II of the Congressional Budget and Impoundment Control Act of 1974 (Pub.
L. 93-344), which was signed into law by President Richard Nixon on July 12,
1974.[6] Official operations began on February 24, 1975, with Alice Rivlin as
director.[7]
The
CBO's creation stems from a fight between President Richard Nixon and a
Democratic-controlled Congress. Congress wanted to protect its power of the
purse from the executive.[4][8] The CBO was created "within the
legislative branch to bolster Congress's budgetary understanding and ability to
act. Lawmakers' aim was both technical and political: Generate a source of
budgetary expertise to aid in writing annual budgets and lessen the
legislature's reliance on the president's Office
of Management and Budget."[4] In
2015, the Brookings Institution reported that
since its creation, the CBO has since supplanted the OMB "as the
authoritative source of information on the economy and the budget in the eyes
of Congress, the press, and the public.
Preeta Bansal was
a general counsel & senior policy adviser for the U.S. Office of
Management and Budget (OMB) and is a fellow at the Aspen
Institute (think tank).
Foundation to Promote Open Society was a funder for the
Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Henry
A. Kissinger was a lifetime trustee at the Aspen Institute
(think tank) and a member of the Bohemian Club.
Henrietta
Holsman Fore is a trustee at the Aspen Institute (think tank)
and a member of the Belizean Grove.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
Michele J. Hooper is
a member of the Belizean Grove and a founding partner at the Directors'
Council.
Gwendolyn S. King is
a founding partner at the Directors' Council and was a commissioner
for the Social Security Administration (SSA).
Resources:
Past Research
Smaller
Bites – Senator Susan Collins “RINO” (Connecting the Dots: Senator Susan
Collins “RINO”, Senator Dianne Feinstein and the Soros Funded Brookings
Institution (think tank), All Networking) (Past
Research on Senator Susan Collins)
Saturday,
October 29, 2022
https://thesteadydrip.blogspot.com/2022/10/smaller-bites-senator-susan-collins.html
Improper
Social Security Payments Reach $1.1 Billion, Agency Backlog Hits All-Time High
(Connecting the Dots: The Independent Task Force on Immigration and America's
Future, The Social Security Administration (SSA) & Soros Funding, All
Networking) (Past Research on the Social Security
Administration (SSA))
Monday,
August 12, 2024
https://thesteadydrip.blogspot.com/2024/08/improper-social-security-payments-reach.html
Improper
Food Stamp Payments Hit $2.6 Billion (Past Research
on the Office of Management and Budget (OMB))
Thursday,
July 7, 2016
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