Overview

• Joe Biden delivered his first major public speech since leaving office, addressing Social Security reforms at a disability advocacy conference in Chicago.
• Biden accused the Trump administration of causing significant damage to the Social Security Administration by cutting 7,000 jobs and implementing controversial policy changes.
• He emphasized Social Security as a vital, intergenerational promise that supports millions of retirees, disabled individuals, and low-income families.
• Elon Musk, a key Trump advisor, has been criticized for labeling Social Security a 'Ponzi scheme' and spearheading efforts to reduce government spending through the Department of Government Efficiency.
• Biden’s speech highlighted broader political divisions, with Democrats rallying against perceived threats to entitlement programs and Republicans defending the reforms as anti-fraud measures.