Biden on Social Security

Brendan James
The Ticket

Basics:

• Allowing the Affordable Care Act to take effect will reduce spending and costs over the long term, resulting in a system that is stable and solvent.

• Alleges that Ryan's plan will force seniors to pay more taxes on their Social Security, unlike now, where over 50% bear no burden.

• Running mate, President Obama, says the basic structure of Social Security is sound but will have to be "tweaked" in the same way Reagan did in the 80s.

Read more: "Biden says that Romney tax plan would hit seniors" (WSJ)