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Joe Biden on Social Security

Former Vice President; previously Democratic Senator (DE)

 


Won't allow Social Security or Medicare to be taken away

Social Security and Medicare are a lifeline for millions of seniors. Americans have been paying into them with every single paycheck since they started working. Those benefits belong to the American people. They earned them. If anyone tries to cut Social Security, I will stop them. And if anyone tries to cut Medicare, I will stop them. I will not allow them to be taken away. Not today. Not tomorrow. Not ever.
Source: 2023 State of the Union speech as prepared for delivery , Feb 7, 2023

Some Republicans want to cut Social Security and Medicare

Biden accused members of the GOP of wanting to cut Social Security and Medicare and was met with an angry reaction from some Republicans. Some shouted "You lie!" and "No," but Biden responded to their criticism, arguing that he was not "saying it's a majority" of Republicans who support the idea.

"Anybody who doubts it, contact my office," Biden said. "I'll give you a copy of the proposal." The president was referring to a proposal last year from Republican Senator Rick Scott that would have required Congress to reauthorize the programs every five years and would have made Medicare and Social Security vulnerable to cuts.

On Tuesday, the president suggested that Republicans in the chamber were agreeing not to cut Social Security and Medicare. "So folks, as we all apparently agree, Social Security and Medicare is off the books now, right?" Biden said. "We got unanimity!" Biden shouted over cheers in the chamber.

Source: Newsweek Magazine on 2023 State of the Union speech , Feb 7, 2023

Public commitment from both parties: no cuts to entitlements

Biden has won praise for an exchange with Republican hecklers during his State of the Union address when he suggested the GOP had agreed not to make cuts to Social Security and Medicare.

During his speech [Republicans shouted "No!" when Biden mentioned a sunset plan, and Biden responded], "As we all apparently agree, Social Security and Medicare is off the books now, right?" Biden said. "We got unanimity!" Biden shouted over cheers in the chamber.

That moment led to praise from social media users, who argued that Biden had successfully baited Republicans into making a public commitment not to cut Social Security and Medicare. [One OpEd writer] wrote: "Dark Brandon gets Republicans to cheerily promise not to cut Social Security and Medicare live during the #SOTU speech!"

"This rather savvy usage of the public bully pulpit, in a nutshell, is the argument for continuing to have and televise SOTU," tweeted 2020 Pulitzer prize nominee Soraya McDonald, sharing a video of the moment.

Source: Newsweek Magazine on 2023 State of the Union speech , Feb 7, 2023

Increase benefits for widows/widowers instead of cutting

BIDEN: I will strengthen it. What I would do is increase the benefits going to widows and widowers from the steep cuts in benefits that occur; when the one who is getting the biggest payment passes. I would not change payroll taxes for anyone earning less than $400,000, but everybody making more than that will pay the same payroll tax on wages over $400,000 as they pay on their first $137,000.
Source: AARP Survey on 2020 Presidential hopefuls , Sep 28, 2020

Protect Social Security & Medicare: "You have my word"

Sen. Elizabeth Warren [introduced the topic with] "Joe Biden has some really good plans--Plans to increase Social Security benefits, cancel billions in student loan debt, and make our bankruptcy laws work for families instead of the creditors who cheat them."

Biden pointed his finger at the camera when he called Social Security a sacred promise. "If I'm your president, we're going to protect Social Security and Medicare, you have my word," he said.

Source: B.Jansen in USA Today: 2020 Democratic National Convention , Aug 21, 2020

Social Security is a sacred obligation

For our seniors, Social Security is a sacred obligation, a sacred promise made. The current president is threatening to break that promise. He's proposing to eliminate the tax that pays for almost half of Social Security without any way of making up for that lost revenue. I will not let it happen. If I'm your president, we're going to protect Social Security and Medicare. You have my word.
Source: Acceptance speech at 2020 Democratic National Convention , Aug 20, 2020

Increase Social Security benefits without cuts

Bernie Sanders: You were in the Senate for a few years. Time and time again talking about the necessity, with pride, about cutting Social Security, cutting Medicare, cutting veterans programs.

Joe Biden: No.

Sanders: You never said that?

Biden: No.

Sanders: All right. America, go to YouTube right now. You were not a fan of the balanced budget amendment, which called for cuts in Social Security? Why don't you just tell the truth here? We all make mistakes.

Biden: I am telling the truth. Why am I rated 96% by the Social Security organizations? I have laid out how I will increase Social Security benefits. I have laid out how I'm going to make sure that it is in fact, paid for. Look at my exchange with Paul Ryan on his desire to try to privatize and/or cut Social Security, and understand how he manipulated it. Are you saying PolitiFact is wrong? In terms of the negotiations on how to deal with the deficit, everything was on the table. I did not support any of those cuts on Social Security.

Source: 11th Democratic primary debate (Biden-Sanders one-on-one) , Mar 15, 2020

6.2% FICA tax on all earnings over $400,000

Q: How exactly will you protect Social Security?

BIDEN: There's two pieces to the protection. #1, I'm going to make sure that we are able to have Social Security for the students here when their time comes. #2, I'm going to make sure that those folks who lost a spouse, or Social Security payment was reduced, or they're outliving way beyond their coverage, that they can have it raised.

Q: How are you going to do that?

BIDEN: Right now, we pay about 6.2 percent out of our salary, up to roughly $130,000. I have been proposing for some time that we do the same thing for everybody making over $400,000. So, for example, you, in fact, make 60 grand, you get 6.2% taken out of your salary. If you make $130,000, you get 6.2%. If you're making a million, you pay the exact same amount as someone making $130,000. By moving to keep the tax at 6.2% for people making every dollar over $400,000, we can pay for everything I'm talking about. And we can make it solvent, for all of these kids here.

Source: CNN N. H. Town Hall on eve of 2020 N. H. primary , Feb 5, 2020

Restructure tax code while protecting Social Security

Sen. Bernie Sanders argues that Biden sided with a Republican effort to cut Social Security. "In 2018, Biden lauded Paul Ryan for proposing cuts to Social Security and Medicare," wrote the Sanders campaign in a Jan. 7 newsletter. [Sanders repeated this attack in the March 15 debates]. We found that Sanders distorts what Biden said about Ryan's plan.

Sanders pointed to a speech Biden gave to the Brookings Institution in April 2018. Biden's overall message was that the tax code "is widely skewed toward taking care of those at the very top." Sanders plucked out what Biden said about Ryan, but ignored the complete passage which showed that Biden wanted Social Security and Medicare protected, and to accomplish that goal would require making changes to the tax code.

The Sanders campaign omits what Biden said next: "We need a pro-growth, progressive tax code that raises enough revenue to make sure that the Social Security and Medicare can stay. It still needs adjustments, but can stay."

Source: PolitiFact FactCheck on 11th Democratic 2020 primary debate , Jan 9, 2020

Freeze entitlements; don't favor special interests

Biden toured the country in 1985 chiding groups like unions and farmers for being too narrowly focused and complained that Democrats too often "think in terms of special interests first and the greater interest second." In the latter case, Biden was specifically complaining about their opposition to his calls for a spending freeze on entitlements and an increase in the retirement age.
Source: Jacobin Magazine on 2020 presidential hopefuls , Aug 7, 2018

Where would elderly be now if funds were in stock market?

RYAN: Social Security is going bankrupt. If we don't shore up Social Security, when we run out of the IOUs, a 25% across-the-board benefit cut kicks in on current seniors in the middle of their retirement. We're going to stop that from happening.

BIDEN: We will not privatize it. If we had listened to Romney and the congressman during the Bush years, imagine where all those seniors would be now if their money had been in the market. Their ideas are old, and their ideas are bad.

Source: 2012 Vice Presidential debate , Oct 11, 2012

Raise the $97,500 cap, but don't raise retirement age

Q: Would you raise the cap for Social Security tax above the current level of the first $97,500 worth of income?

A: The answer is yes. The truth is, you're either going to cut benefits or you're going to go ahead and raise taxes above the first $97,000

Q: Would you also, considering now life expectancy is 78, consider gradually raising the retirement age?

A: Well, we did that once, I supported that. That's what got it solvent to 2041. By simply raising the cap, you can solve the problem.

Source: 2007 Democratic primary debate at Dartmouth College , Sep 6, 2007

Prevent senior fraud by educating seniors about caution

Too often, senior citizens are targeted for everything from telemarketing fraud & home-repair scams, to investment & securities fraud. Predators take advantage of seniors because they are more wealthy than the average citizen, more trusting than younger adults, and more susceptible to being coerced. They are less mobile, and more susceptible to scams that promise to deliver goods or services seniors find difficult to obtain on their own.

The best way to fight senior fraud is to prevent it from happening. Seniors should be cautious when making an investment. If it sounds too good to be true, it probably is. They should be careful not to give their credit card or checking account number to someone they don't know. They should never give their social security number to anyone.

Let's not let heartless criminals victimize a generation of Americans who have already given so much to preserve and protect this nation. Rather, let's put our justice system to work to keep every senior safe & secure.

Source: Press release, "Fraud Protection Important for Seniors" , Nov 6, 2002

Rated 89% by the ARA, indicating a pro-senior voting record.

Biden scores 89% by the ARA on senior issues

The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security. The Alliance believes that all older and retired persons have a responsibility to strive to create a society that incorporates these goals and rights and that retirement provides them with opportunities to pursue new and expanded activities with their unions, civic organizations and their communities.

The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization`s preferred position.

Source: ARA website 03n-ARA on Dec 31, 2003

Other candidates on Social Security: Joe Biden on other issues:
2024 Republican Presidential Candidates:
Ryan Binkley (R-TX)
Gov. Doug Burgum (R-ND)
Gov. Chris Christie (R-NJ)
Gov. Ron DeSantis (R-FL)
Larry Elder (R-CA;withdrew)
Gov. Nikki Haley (R-SC)
Rep. Will Hurd (R-FL;withdrew)
Gov. Asa Hutchinson (R-AR)
Perry Johnson (R-IL)
Mayor Steve Laffey (R-RI)
Former V.P.Mike Pence (R-IN;withdrew)
Vivek Ramaswamy (R-OH)
Sen. Tim Scott (R-SC)
Secy. Corey Stapleton (R-MT)
Mayor Francis Suarez (R-FL;withdrew)
Former Pres.Donald Trump (R-NY)

2024 Democratic and 3rd-party primary candidates:
Pres. Joe Biden (D-DE)
V.P.Kamala Harris (D-CA)
Robert F. Kennedy, Jr. (I-NY)
Chase Oliver (L-GA)
Rep.Dean Phillips (D-MN)
Jill Stein (Green)
Cornel West (Green Party)
Kanye West (Birthday Party)
Marianne Williamson (D-CA)
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External Links about Joe Biden:
Wikipedia
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Page last updated: Feb 16, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org