Social Security advocacy groups endorse Biden for president
2024 Presidential Election,Social Security,Joe Biden,Politics
Three senior groups backed President Biden’s reelection bid Wednesday based on his pledge to protect Social Security, but so far he has only offered vague promises to protect the program as insolvency looms.
The National Committee to Preserve Social Security and Medicare, which bucked its 38-year tradition of avoiding endorsements to back Mr. Biden in 2020, has done so again this election. Social Security Works PAC and the bipartisan National United Committee to Protect Pensions also said they are endorsing Mr. Biden.
All three organizations cited Mr. Biden’s commitment to protect the Social Security trust fund reserves from being depleted. The Treasury Department said last month that the trust funds — which cover old age and disability recipients — will be unable to pay full benefits in 2035. If that happens, Social Security would only be able to pay 83% of benefits.
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