President Joe Biden said Wednesday during a Cleveland stop touting a Democratic-backed fix to multiemployer pension funds that social security, Medicare and Medicaid could be in jeopardy if Republicans take back control of Congress and the White House.
President Joe Biden visits Max Hayes High School to talk pension security and jobsCLEVELAND, Ohio –
The pension fix, which was originally introduced as the Butch Lewis Act before being included in Biden and the Democrats’ economic stimulus plan, will help stave off any cuts to the pension plans that could have come about as the PBGC, which insures pension plans, was barreling toward insolvency in 2026.
“Who do they think they are? Who do they think you are for god’s sake?” Biden said. “My predecessor had a chance to act, but he didn’t have the courage to stand up to his own party.” Aside from announcing the new rule, the president, who has faced lagging approval numbers as the midterm elections draw closer, used much of his speech to outright attack GOP politicians for what he described as a failure to protect workers and the middle class.
That included Republican Senate nominee J.D. Vance and Republican Congressional nominees Max Miller and Eric Brewer, who held a preemptive press call Wednesday morning to criticize Biden’s policy maneuvers. Both Vance and Miller pointed to high gas prices as well as broader energy policy as topics Biden should be discussing instead of his planned remarks on fixes to pensions.
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