Would Joe Biden's 4-Point Plan to Change Social Security Do Away With the Need for Cuts?
For the past 83 years, Social Security has been providing a financial foundation for America's retirees. According to national pollster Gallup, this top-notch retirement program is leaned on by between 80% and 90% of retired workers annually to help make ends meet. In other words, its ongoing existence is paramount to the financial well-being of current and future retirees.
Unfortunately, Social Security's financial foundation has begun to crack, and the possibility of benefit cuts is very much on the table. With Social Security's outlook dimming, the American public is looking to their elected officials for solutions -- and that all starts with President Joe Biden.
President Biden delivering remarks. Image source: Official White House Photo by Hannah Foslien.
Source Fool.com
