Joe Biden in 1987: 'Change' retirement age for Social Security

President Joe Biden and the White House have attacked Republicans in recent months for positions the president himself once held on Social Security and entitlement programs including sunset bills and raising the retirement age, a CNN KFile review of Biden's record shows. #CNN #News

[hersdera]

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

[Thinkingaroundthebox]

The problem with Social Security is that in 1969 there was a massive surplus in the Social Security Trust Fund and politicians wanted to spend that
So they moved it to the General Fund so that they could spend money that belonged to the baby boomers, who are now retired and asking for their money that they paid into the fund their whole lives
Only they are finding that the government already spent the money
If they had left it alone Social Security wouldn't have any problems
Now the same politicians don't want to cut their pet projects to pay back the money that they stole from Social Security
They would rather cut benefits and raise the retirement age

Social Security was never suppose to be the younger generation paying for the older generations retirement
It was suppose to be you pay into it your whole life as a retirement plan and it draws interest while you work
but neither party can leave a pile of money on the table, even when it isn't theirs

[s.d.c]

"A man who views the world the same at 50, as he did at 20 has wasted 30 years of his life."
- Muhammed Ali

[conniemontfort]

Our government owes Social Security 2.918 Trillion dollars. PAY IT BACK!

[OrhallaZander]

I saw a clip where he entirely wanted to remove social security

[stpunderground]

You know it’s bad when CNN goes after a democrat

[cnnothingburgerletsgobrand]

*I SAID HEYY ESTHER YOU GOT THAT POMADE IN YOUR HAIR & I GOT A RUSTY BICYCLE CHAIN FOR YA - BRANDON.*

[Paul-lmgv]

The problem is Congress and every president since 1983 have borrowed (raided) from the Social Security Trust Fund to help fund government! And the fund has been faltering ever since. Right now contributions are capped at a fairly low level of $160, 000 of earnings. Congress needs to raise that cap!

[ojsbronco]

He also said he didn’t want his children going to a racial jungle

[douglassandvos]

"A wise man changes his mind, a fool never will."

[randyosborne]

I just wish I had PLATINUM health insurance like the corrupt politicians voted for themselves... instead of my Bronze.

[jackofclubz]

All they got is a damn near 40 year old video?

[ricosolomon]

Thirty-six years ago, we ALL had views which have evolved and changed.

Different time & circumstances.

C'mon CNN, we deserve actual current reporting.
Ps. It's why my family doesn't tune into CNN on television in the evening anymore


#CBC
#🍁

[peachy]

crazy to think that someone could change their stance on something after nearly 40 years of societal and economic change lol

[EvanWasHere]

This was 40 years ago. 40 years ago, Replicans were claiming that trickle down worked... 40 years later, we are still waiting.

[k.c.r.]

"They are burning it all down with us inside. That should scare you to no end." - Brian Williams NBC early 2022

[davidpoole]

I can't believe people actually voted for this guy

[mistyblues]

Lil fair and balanced CNN. Bravo. Me tinks

[Bulsajo]

Only a fool would have exactly the same outlook and views that they had 35 years ago.

[sircasm]

Lmao 🤣.. He has spent 50 years saying whatever he thinks will get him elected. This isn't even news.