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Truth be Told: Biden's Social Security record

Social Security COLA
Posted at 4:15 PM, Oct 30, 2020
and last updated 2020-10-30 23:23:27-04

Democratic Presidential Nominee Joe Biden has put Social Security at center stage this campaign, saying he'll protect benefits if elected president in a political ad paid for by his campaign.

It's a topic Biden and President Donald Trump have traded barbs over this season.

During the final presidential debate, Trump claimed Biden tried to hurt Social Security while he was in the Senate.

His record has fluctuated over the decades in Washington. In 1973, he supported increasing Social Security benefits by 7 percent.

But in 1984, the New York Times reported Biden co-sponsored a plan to freeze federal spending that would have affected the cost of living adjustment to Social Security.

In 1993 he voted to raise the number of benefits considered taxable from 50 percent to 85 percent for those who made more than $34,000 a year.

In 2020, Biden provides his plan for protecting Social Security on his website:

The Biden Plan will put the program on a path to long-term solvency by asking Americans with, especially high wages to pay the same taxes on those earnings that middle-class families pay.

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