Washington – President Joe Biden extended social insurance benefits for over 2 million Americans, signing widely double -sided regulations, which Congress approved at the end of last year.
The ceremony on Sunday meant that one of the recent times Biden was to sign the main legislation as the president, because Congress is now controlled by Republicans and his term of office would end on January 20, when President Elek Donald Trump took an oath of office.
“By signing this account, we are expanding social insurance benefits of millions of teachers … and other public employees as well as their spouses and survivors,” said Biden. “This means an estimated average by 360 USD per month. It’s a big deal. “
He said that almost 2.5 million people covered by the recent law “would receive a flat -rate payment of thousands of dollars to compensate for the lack of benefits that they should obtain in 2024”
House voted 327-75 in November to pass the law and the Senate voted 76-20 In December, send an account to Biden.
New law eliminates the recipe for the elimination of cotton wool and the transfer of the government’s pension It was for decades that reduced the amount that some Americans receive in social insurance benefits.
Republican Senator Maine Susan Collins, who participated in the signing ceremony at the White House, issued a written statement in which he says that she is “satisfied” that “these unfair provisions in our social security system have been finally repealed.”
“This is a victory for thousands of teachers, the first rescuers, public officials and countless supporters who have fought for years to improve this injustice,” Collins wrote. “For too long WEP and GPO denied pensioners and their spouses the benefits of social insurance they have earned over the years of work and contributions to the system. This law ensures that public service will no longer cost the earning costs of retirement benefits. “
Former US representative Abigail Spanberger, a democrat who decided not to look for re -election to Congress in order to continue the office of the Governor of Virginia, wrote in social media that the elimination of both provisions had been going on for a long time.
“Our retired policemen, firefighters, teachers and public employees worked for decades to fix this evil,” wrote Spanberger, who co -financed the home version of Bill of the last Congress.
The date of insolvency moves up
It is expected that the extension of benefits will cost $ 195.65 billion in the next 10 years and raise the date of the program insolvency by about six months, According to Impartial congress bureau.
“If HR 82 were adopted, the balance of the Trust-Eage and Survivors Insurance, CBO projects will be exhausted about half a year earlier than in the current law,” wrote the director of CBO Phillip L. Swagel A letter To Iowa Sen. Chuck Grassley. “The agency estimates that, according to the current law, the balance of the Oasi Trust Fund will be exhausted in the 2033 tax year.”
Other members of the Congress participating in the signing ceremony are a republican senator Bill Cassida, Nevada democratic senator Catherine Cortez Masto, Oregon democratic senator Ron Przemidna, minnesota democratic sense. Amy Klobuchar and Tina Smith, Ohio Republican Rep. Mike Carey Rep. Troy Carter, Republican representatives of Louisiana. Clay Higgins and Julia Letlow, representatives of the Democratic Ohio. Marcy Hood and Greg Landsman and Virginia Democratic Rep. Bobby Scott, according to the list provided by White House.
Last updated 12:30, January 6, 2025
