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Senate Bill to Block Social Security Garnishment Reintroduced
Senator Ron Wyden (D-OR) yesterday reintroduced legislation that would prevent the federal government from offsetting Social Security benefits to compensate for repayment of all non-tax federal debt. The bill would include protection for outstanding debt associated with student loans, where the Government Accountability Office notes that “at least 114,000 Americans have had their Social Security garnished.” In his press release announcing the bill’s reintroduction, Sen. Wyden noted that “The number of people age 60 and older who still have student loan debt has increased six-fold since 2004 to 3.5 million and the amount they owe is now 19-fold, amounting to more than $125 billion in student loans.”
Reps. Raúl M. Grijalva, D-Ariz., and John B. Larson, D-Conn., in the House have introduced similar bills in the House.
Read Sen. Wyden’s full press release here.