As Election Day approaches, Democrats warn of possible repercussions for Social Security and Medicare

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As Election Day approaches, Democrats warn of possible repercussions for Social Security and Medicare
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As Election Day approaches, Democrats warn of possible outcomes for Social Security and Medicare

But Republican opposition could lead the party to stop those changes if they win on Election Day, Biden warned.

President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on Nov. 1, 2022."It goes out of existence if Congress doesn't vote to keep it," said Biden, who called the proposal "so outrageous you might not even believe it."

One of those campaign stops was a senior living community in New Providence, New Jersey, on a sunny Friday afternoon in early October. Before Social Security was created in 1935, more than 50% of American seniors had incomes below the poverty line, Bauman said. And before Medicare was passed in 1965, more than 35% of seniors had incomes below the poverty line.

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