Treasury Secretary Janet Yellen testified that President Biden lacks a plan to safeguard Social Security, with potential consequences including a 24% benefit cut. While Biden and Trump claim to protect Social Security, they have not presented detailed solvency plans. House Republicans proposed a budget to raise the retirement age and reduce Medicare to cut taxes for the wealthy, contrasting Biden's aim to safeguard Social Security, Medicare, and ensure the wealthy pay their fair share.
Good morning. Here’s your reminder the House Republican budget proposal includes: - Raising the retirement age - Cutting Medicare - Stripping millions of their health care Oh, and a national abortion ban and limits on IVF. https://t.co/5aukJodjJZ
Raising the retirement age = cutting #SocialSecurity. The GOP's FY2025 budget once again puts Social Security benefits under attack. Social Security is a lifeline that helps hardworking Americans retire with dignity. We must protect this sacred system.
180 House Republicans just proposed a budget that would raise the Social Security retirement age and slash Medicare – all to cut taxes for the wealthy. President Biden has a different plan: protect Social Security and Medicare. And make the wealthy pay their fair share.
REMINDER: Biden has no plan for Social Security. Just ask Janet Yellen. https://t.co/h26VuCG6p2
REMINDER: Biden has no plan for Social Security. Just ask his Janet Yellen. https://t.co/h26VuCG6p2
Mr. Biden and Mr. Trump have cast themselves as protectors of Social Security, yet neither have offered a detailed plan for ensuring the program’s solvency. https://t.co/sOF4yrd60F
When asked about President Biden's "plan" to stop Social Security from going insolvent, @SecYellen said, "The President doesn't have a plan." Doing nothing GUARANTEES a 24% benefit cut for all current & future beneficiaries. This is unacceptable.
In a shocking recording of her testimony before the Senate Finance Committee, Treasury Secretary Janet Yellen admitted that Joe Biden does not have a plan to protect Social Security. Biden is only interested in using Social Security as a messaging item. https://t.co/cv4Aw8osQI https://t.co/nFAe6fyde4