{"id":2386712,"date":"2025-01-05T19:59:02","date_gmt":"2025-01-06T00:59:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-signs-social-security-bill-into-law-putting-further-strain-on-fund-washington-examiner\/"},"modified":"2025-01-05T20:01:18","modified_gmt":"2025-01-06T01:01:18","slug":"biden-signs-social-security-bill-into-law-putting-further-strain-on-fund-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-signs-social-security-bill-into-law-putting-further-strain-on-fund-washington-examiner\/","title":{"rendered":"Biden signs Social Security bill into law, putting further strain on fund &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-signs-social-security-bill-into-law-putting-further-strain-on-fund-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2386712&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>On January 6, 2025, President Joe Biden signed the Social Security Fairness Act into law, a significant legislative \u200bmove that aims to enhance Social Security benefits for certain retirees, especially \u200cthose affected by longstanding provisions that previously reduced their benefits. The law specifically repeals the Windfall Elimination Provision \u2063and the Government Pension offset, which had impacted the benefits of government employees who also worked in other jobs\u200c covered \u200bby Social Security.<\/p>\n<p>This act is viewed as a measure to provide financial fairness to many public employees, as it aims to\u200d increase their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/4-welfare-policies-that-hurt-the-people-they-claim-to-help\/\" title=\"4 Welfare Policies That Hurt The People They Claim To Help\">retirement benefits<\/a>.\u200b However, the repeal of these provisions is also expected to add financial strain to the Social Security program itself.The changes are anticipated\u2062 to benefit millions of Americans,\u2062 thereby\u2063 impacting the landscape of Social Security benefits moving forward. <\/p>\n<p>For additional details, you can read more from the original sources: [ABC News](https:\/\/abcnews.go.com\/Politics\/biden-signs-social-security-fairness-act-law\/story?id=117350914), [Federal News Network](https:\/\/federalnewsnetwork.com\/retirement\/2025\/01\/biden-signs-social-security-fairness-act-into-law\/), and [PBS](https:\/\/www.pbs.org\/newshour\/politics\/biden-signs-bill-that<a href=\"https:\/\/amzn.to\/3YuVZYV\">-raises-social-security-payments-<\/a>for-millions-of-americans).  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Biden signs Social Security law raising payments for government retirees<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1927173\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Joe Biden<\/a> on Sunday signed the Social Security Fairness Act into law, putting additional strain on the program&rsquo;s finances.<\/p>\n<div class=\"article-paywall\">\n<p>The law itself will repeal 1983&rsquo;s Windfall Elimination Provision and eliminate the Government Pension Offset, both of which reduced <a href=\"http:\/\/washingtonexaminer.com\/tag\/social-security\" target=\"_blank\" rel=\"noopener\" title=\"\">Social Security<\/a> benefits for certain beneficiaries including some government <a href=\"http:\/\/washingtonexaminer.com\/tag\/retirement\" target=\"_blank\" rel=\"noopener\" title=\"\">retirees<\/a>.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3223332\/biden-lame-duck-presidency-shape-legacy-finish-to-do-list\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>BIDEN USES LAME-DUCK PRESIDENCY TO SHAPE LEGACY AND FINISH TO-DO LIST<\/strong><\/a><\/p>\n<p>&ldquo;Social Security is the bedrock of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sinking-ship-just-3-of-8-founding-members-remain-at-scandal-plagued-lincoln-project\/\" title=\"SINKING SHIP: Just 3 of 8 Founding Members Remain at Scandal-Plagued Lincoln Project\">financial security<\/a> for retirees and surviving spouses and for millions of Americans with disabilities,&rdquo; the president said Sunday in the White House&rsquo;s East Room. &ldquo;A law that existed denied millions of Americans access to the full Social Security benefits they earned by thousands of dollars a year.&rdquo;<\/p>\n<p>Biden noted that 2.5 million people will receive lump sum payments &ldquo;of thousands of dollars to make up for the shortfall and the benefits they should have gotten.&rdquo;<\/p>\n<p>&ldquo;When I came to office, I promised I&rsquo;d always protect Social Security, Medicare and Medicaid,&rdquo; Biden closed. &ldquo;That&rsquo;s the promise we&rsquo;ve kept, even in the face of proposals that cut or weaken these programs that millions of Americans count on. I know there&rsquo;s a lot more work to do.&rdquo;<\/p>\n<p>The Congressional Budget Office and opponents of the legislation say the move, without any new inlays, will actively speed up the Social Security fund&rsquo;s 2033 projected insolvency date by an additional six months.<\/p>\n<p>There were some questions about whether Biden would indeed sign the bill into law or not. White House press secretary Karine Jean-Pierre faced several questions about the timeline during Friday&rsquo;s briefing but declined to say when the president would sign the bill into law.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"\">White House<\/a> officials discounted criticism of the legislation, instead choosing to highlight how Biden&rsquo;s move makes him the &ldquo;first president in more than twenty years to expand Social Security benefits.&rdquo;<\/p>\n<p>&ldquo;The bill he is signing today will expand benefits by hundreds of dollars per month for more than 2.5 million Americans. As President, he saved the retirement pensions of two <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/retirement-funds-are-tanking-but-biden-makes-protecting-union-pensions-priority\/\" title=\"Retirement Funds Are Tanking, but Biden Makes Protecting Union Pensions Priority\">million union workers<\/a> when he signed the Butch Lewis Act and has protected retirees from receiving junk retirement advice,&rdquo; the White House said in a statement. &ldquo;He has stood up to reckless Republican attempts to cut Social Security, Medicare, and Medicaid &mdash; instead fighting to expand Social Security benefits for those who need it most, strengthening Social Security and Medicare by asking the wealthiest to pay their fair share, and investing in a well-staffed Social Security Administration to ensure hard-working Americans can access the benefits they&rsquo;ve earned.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong><\/strong><\/a><\/p>\n<p>You can watch Biden&rsquo;s remarks in full below.<\/p>\n<\/div>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<div class=\"youtube-embed\" data-video_id=\"VMyERf8YGdQ\"><iframe loading=\"lazy\" title=\"President Biden Signs the Social Security Fairness Act\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/VMyERf8YGdQ?feature=oembed&amp;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/p><\/div>\n<\/figure>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1927173\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1927173\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Biden signs law increasing Social Security payments for retirees<\/p>\n","protected":false},"author":2645,"featured_media":2386713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/biden-social-security.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3620,9168,4762,33104,32076],"class_list":["post-2386712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-biden","tag-economy","tag-legislation","tag-social-security","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/biden-social-security.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2386712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2645"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2386712"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2386712\/revisions"}],"predecessor-version":[{"id":2386716,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2386712\/revisions\/2386716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2386713"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2386712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2386712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2386712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}