Key lawmakers aiming to fix a Social Security provision that cuts benefits for public workers who also get government pensions remain at odds on how to treat people who benefit more under the current formula.
With perhaps days left for tax writers to agree on any items that could catch a ride on a fiscal 2023 omnibus spending bill before Christmas, House Ways and Means Chairman Richard E. Neal, D-Mass., and the panel’s top Republican, Rep. Kevin Brady of Texas, had yet to agree on legislation as of Wednesday, but said they were getting close.
Both Neal and Brady have bills to eliminate the “windfall elimination provision” limiting benefits for about 2 million teachers, firefighters and other public employees who qualify for pensions from government service and Social Security from second jobs, earlier careers or other extra work.