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Joe Biden on Social Security

Joe Biden's running mate is Barack Obama
Social Security is a social insurance program officially called "Old-Age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. The debate over social security is largely in how and who will control these accounts. The candidates offer many prescriptions which run the spectrum between private and public control of social security.

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Joe Biden strongly opposes privatizing social security through personal Social Security accounts

Voted No on allowing personal retirement accounts.

Bill S.Con.Res.86 ; vote number 1998-56 on Apr 1, 1998

With a calm, objective, nonpartisan fix, we can insure the solvency of the system beyond 50 years.

2007 AFL-CIO Democratic primary forum Aug 8, 2007

Joe Biden supports raising the earnings cap on Social Security, which is currently $102,000

You're either going to cut benefits or you're going to go ahead and raise taxes above the first $97,000.

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Bring democrats and republicans together to agree on options for keeping SS solvent including raising the cap ($97,500) on income subject to the tax.

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