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PartialEconomy, Taxes & Inflation

Biden will expand and increase Social Security benefits and protect them from cuts — lifting approximately half a million additional seniors out of poverty by 2030.

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PartialFact-checker reviewConfidence: 75%

No cuts to Social Security benefits were enacted during Biden's term, and he consistently opposed proposals to cut them. On January 5, 2025, he signed the bipartisan Social Security Fairness Act (Public Law 118-273), repealing the Windfall Elimination Provision and Government Pension Offset and thereby increasing benefits for millions of public-sector retirees, spouses, and survivors. However, the specific expansions in his 2020 plan - a higher minimum benefit and boosts for the oldest beneficiaries funded by payroll taxes on earnings above $400,000 - were never advanced in Congress, and the 2030 anti-poverty benchmark extends beyond his term. Protection was delivered and one significant benefit expansion was signed, but the promised expansion agenda was largely not pursued.

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