[GaryCrow]

That is about $55,000 a year. Not really enough for two people to live on in luxury, if you have no other income. But also, more money that a man worth 50-60 million should get.

Why would it matter how much someone is worth? Social Security is supposed to be a retirement program that you pay into with the promise of a return based upon the amount paid. If you want to means test it then it becomes another welfare program instead.

I loathe the Bidens but if they paid money into SS they should get the promised amount regardless of their net worth. I don’t want someone deciding I shouldn’t get the promised amount because I have more than they deem acceptable.

[Roccus]

I don’t want someone deciding I shouldn’t get the promised amount because I have more than they deem acceptable

Yet that is EXACTLY what happens if your income other than SS retirement benefits exceeds what the gov't deems you deserving of. Then your SS benefits begin to become progressively subject to income tax as well.

[Michael.SF.]

Gary, We have a fundamental disagreement on the purpose of Social Security Insurance. Part of the answer is in the name "Insurance".

The intention was to have a fund that everyone paid into, so as to provide low- and middle-income people some added money to help them in their retirement. It was not originally designed as a retirement program where you pay in to get a guarantee on how much you get back.

I am perfectly fine with means testing, as long as that means is in the Joe Biden income range. Social Security is going broke and if we cap eligibility based on income, we could help save the program for those who need the money.

Biden is worth tens of millions of dollars and currently earns, as President, about $8,000 a week. He does not need the money, give it to those who do.