Momentum builds around Social Security reforms ahead of Senate vote

Momentum is building in the Senate for the Social Security Fairness Act, which aims to prevent unfair benefit reductions for public service workers by repealing two tax rules. While the bill passed the House with bipartisan support, some Republicans are concerned about its impact on Social Security’s solvency date and projected costs. Despite these challenges, the bill has over 60 co-sponsors in the Senate, with unions praising the bipartisan effort but budget hawks warning of increased borrowing and hastened trust fund exhaustion.

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