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How Will Joe Biden Change Social Security If He Wins Re-Election?


Incumbency typically offers a significant advantage to U.S. presidents. Since the founding of the country, only 11 presidents lost their bids for a second term. While former president Donald Trump failed in his attempt to stay in office in 2020, he was the first to do so in nearly three decades. 

This pattern likely makes President Joe Biden more confident in his chances for another four years in the White House. Social Security will almost certainly rank among his top priorities. The federal program is currently on a course to become insolvent by 2034. But how would Biden change Social Security if he wins re-election?

Image source: Official White House photo by Adam Schultz.

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Source Fool.com


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