'Biden Will Work To Protect & Expand Social Security'
'Biden will work to protect and expand social security: Day 34 of 100 Days of Loving Joe Biden.' Daily Kos, Aug. 11, 2020.
Americans depend on social security and Joe Biden not only protect it, he will expand it for those in need.
From Market Watch ? Joe Bidens retirement reforms are the boldest weve seen in generations
Bidens Social Security proposals are targeted directly toward seniors in need.
Biden wants to increase benefits for retirees who, on account of their low lifetime wages, had trouble saving for retirement. For the very poorest retirees, benefits from Social Security and SSI would increase by as much as $6,500 a year. The Social Security Administration estimates that a transition to the Biden benefit structure would pull over half a million seniors out of poverty in 2030.
Along with helping formerly low-wage workers, Bidens plan aids two other vulnerable groups: the eldest of the elderly, and the widowed.
His plan would increase benefits for all seniors who had received Social Security checks for at least 20 years. Since the poor start claiming benefits at younger ages than the rich, this minor tweak would open the elder benefit to people in real need.
Bidens plan would increase benefits for widows and widowers.
Under current law, when a husband or wife dies, the surviving spouse is left with the higher of two amounts: either their own Social Security check, or half of their dead partners check.
These are not halfhearted measures. Biden has been portrayed as a moderate throughout the 2020 campaign, and in some regards, that is probably an accurate moniker. He is moderate in temperament and style, and often expresses centrist attitudes toward social policy and culture.
But he is not moderate when it comes to helping the poor. His economic policy proposals reflect Franklin Delano Roosevelt more than Paul Ryan. When it comes to retirement policy, Biden is proposing the boldest set of reforms since the creation of Social Security itself.
But wait, you may argue, I swear I heard somewhere that Biden called for cutting social security...
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https://www.dailykos.com/stories/2020/8/11/1967241/-Biden-will-work-to-protect-and-expand-social-security-Day-34-of-100-Days-of-loving-Joe-Biden
Iliyah
(25,111 posts)Seems like the Democrats do respect the Constitution, go figure .
1st, 2nd, and 14 amendments . ..