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Excerpt:
Please consider the Biden-Trump Plan to Cut Social Security
- Joe Biden: “I guarantee you I will protect Social Security and Medicare without any change. Guaranteed,” the president said in March.
- Donald Trump: “I will do everything within my power not to touch Social Security, to leave it the way it is.” A pro-Trump super PAC launched an ad attacking Florida Gov. Ron DeSantis for his efforts as a member of Congress to restructure benefits.
While Trump promised to not touch SS, Biden said he would protect SS “without any change“.
Biden’s “guarantee” is impossible, by existing law.
The pledge to not change a thing means automatic benefit cuts starting in 2033 according to the bipartisan Congressional Budget Office (CBO).
Author(s): Mike Shedlock
Publication Date: 15 April 2023
Publication Site: Mish Talk