As Election Day approaches, Democrats warn of possible repercussions for Social Security and Medicare

United States News News

As Election Day approaches, Democrats warn of possible repercussions for Social Security and Medicare
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

As Election Day approaches, Democrats warn of possible outcomes for Social Security and Medicare

But Republican opposition could lead the party to stop those changes if they win on Election Day, Biden warned.

President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on Nov. 1, 2022."It goes out of existence if Congress doesn't vote to keep it," said Biden, who called the proposal "so outrageous you might not even believe it."

One of those campaign stops was a senior living community in New Providence, New Jersey, on a sunny Friday afternoon in early October. Before Social Security was created in 1935, more than 50% of American seniors had incomes below the poverty line, Bauman said. And before Medicare was passed in 1965, more than 35% of seniors had incomes below the poverty line.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Manchin calls for compromise on Social Security, Medicare as other Democrats go on attackManchin calls for compromise on Social Security, Medicare as other Democrats go on attackWest Virginia Democratic Sen. Joe Manchin says Democrats and Republicans need to work together to reign in Social Security and Medicare spending.
Read more »

PolitiFact - New Hampshire GOP Senate candidate Don Bolduc has advocated privatizing Medicare and Social SecurityPolitiFact - New Hampshire GOP Senate candidate Don Bolduc has advocated privatizing Medicare and Social SecurityIn the New Hampshire U.S. Senate race, Republican candidate Don Bolduc has advocated privatizing Medicare and Social Security. Recently, his campaign said he has changed his mind on those positions.
Read more »

Bill Clinton spreads disputed Dem claim that GOP wants to cut Social Security, MedicareBill Clinton spreads disputed Dem claim that GOP wants to cut Social Security, MedicareIn a speech supporting New York House candidate Josh Riley, former President Bill Clinton claimed House GOP leader Kevin McCarthy, R-Calif., wants to cut Social Security and Medicare.
Read more »



Render Time: 2025-02-24 05:22:17