Will Joe Biden Cut Social Security Benefits?

Will Joe Biden Cut Social Security Benefits?

Close to 65 million Americans receive a Social Security benefit each month, 71% of whom are retired workers. According to the 2020 Social Security Board of Trustees report, the program is staring down a $16.8 trillion funding shortfall between 2035 and 2094. Americans recently elected Democratic Party challenger Joe Biden as the 46th President of the United States.