Biden Insists on a 23% Cut In Social Security Benefits

President Biden is cutting Social Security by 23% for every single recipient across the board. This cut is the actual, inevitable effect of his continued demand that there will be no entitlement reform, which should terrify absolutely everyone.

Within the next 8-10 years, when the Social Security trust fund is depleted, Social Security recipients will look at their bank account and see that their benefits have been slashed. This is a mathematical fact and there is no way around it.

By denying the inevitability of Social Security depletion and through his staunch refusal to make any meaningful changes to fix Social Security, President Biden is lying when he assures each and every last one of us that everything is okay.

Currently, the Social Security Administration (SSA) estimates that of the over 46 million Americans receiving Social Security retirement benefits, 21% of married couples and 45% of single persons rely on Social Security for 90% or more of their income! That number is only going to continue rising as life expectancies stay high and the next generation of workers begin to rely on Social Security. You should be angry; President Biden’s inaction will be detrimental to every American.