Biden Speaks On Social Security And Medicare
Six weeks before the midterm elections, President Joe Biden will spotlight Medicare and Social Security, two hot-button issues that could have a big impact on upcoming elections. His speech at the White House came a few days after the House Republicans unveiled their plan for if voters give them power in November. In that plan, the popular programs got little to no attention. Both Medicare and Social Security will have trouble paying for themselves in the long run. Most of the solutions Democrats have come up with involve raising taxes on people with higher incomes while also expanding benefits. Republicans say that Democrats’ recent efforts to lower the cost of prescription drugs are putting more pressure on Medicare. As part of a plan to keep Medicare and Social Security going without raising taxes, many Republicans have supported raising the age at which you can get Medicare and the age at which you can retire on Social Security. Because the government spends more on Social S