Joe Biden in Medium.com scoial media

On Budget & Economy: Recovery package must provide state aid, hazard pay

In addition to funds to keep workers on payroll, the next recovery package will need to provide significant funds to states, to make sure that educators and health care workers and first responders can keep getting paid. It will have to provide hazard pay to frontline workers putting themselves at risk. It will have to extend unemployment benefits, and provide further direct cash relief, through a cancellation of a minimum of $10,000 of student debt per person and Social Security boosts. Source: Medium.com blog on 2020 presidential hopefuls Apr 9, 2020

On Education: Plan to forgive federal student debt & ease repayment burden

I've directed my team to develop a plan to forgive federal student debt relating to the cost of tuition currently held by low-income and middle-class people for undergraduate public colleges and universities, as well as private Historically Black Colleges and Universities (HBCUs) and private, underfunded Minority-Serving Institution (MSIs). This proposal would be in addition to my existing student debt proposals:

Immediately cancel a minimum of $10,000 of student debt per person
Those earning less than $25,000 per year will not have to make monthly payments and will accrue no interest
Those earning more than $25,000 per year will pay no more than 5% of discretionary income toward payments
After 20 years, the remainder of federal student loans will be forgiven without any tax burden
Those who participate in public service will be eligible for additional federal loan forgiveness, including $10,000 per year of forgiveness for up to five years.

Source: Medium.com blog on 2020 presidential hopefuls Apr 9, 2020

On Health Care: Moonshot on cancer: increase resources, cooperation

I called for a "moonshot" to cure cancer. I plan to do two things.

Increase resources--both private and public--to fight cancer.
Break down silos and bring all the cancer fighters together--to work together, share information, and end cancer as we know it.

And the goal of this initiative is simple--to double the rate of progress. We'll encourage leading cancer centers to reach unprecedented levels of cooperation, so we can learn more about this disease and how to stop it in its tracks. Source: Medium.com blog by V.P. Biden Jan 12, 2016

On Health Care: COVID19: make sure there's free testing & free treatment

[The next recovery package] will have to provide health care coverage for millions who lose their insurance, by allowing them to stay on their health care plans and covering the cost, as well as reopening enrollment for ObamaCare and creating the public option I've been calling for. And we must--must--make sure not only that every American can be tested for coronavirus free of cost, but also make sure every American can be treated for coronavirus free of cost. Period. Source: Medium.com blog on 2020 presidential hopefuls Apr 9, 2020

On Health Care: Lower Medicare eligibility age to 60

I have directed my team to develop a plan to lower the Medicare eligibility age to 60. Medicare benefits would be provided to them as they are to current Medicare recipients. This would make Medicare available to a set of Americans who work hard and retire before they turn 65, or who would prefer to leave their employer plans or other plans before they retire. It reflects the reality that, even after the current crisis ends, older Americans are likely to find it difficult to secure jobs. Source: Medium.com blog on 2020 presidential hopefuls Apr 9, 2020

On Tax Reform: Repeal high-income excess business losses tax cut

I would finance this new student debt proposal by repealing the high-income "excess business losses" tax cut in the CARES Act. That tax cut overwhelmingly benefits the richest Americans and is unnecessary for addressing the current COVID-19 economic relief efforts. Source: Medium.com blog on 2020 presidential hopefuls Apr 9, 2020

The above quotations are from Medium.com weblog political coverage. Click here for other excerpts from Medium.com weblog political coverage. Click here for other excerpts by Joe Biden. Click here for a profile of Joe Biden.
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Page last updated: Dec 02, 2023