So much for the ‘golden years.’ For millions of American seniors, retirement looks less like a victory lap and more like a tightrope walk without a net. After a lifetime of contributing to society, they now face a daily battle against the crushing cost of living. The nest egg they painstakingly built is being devoured by price hikes on everything from the gas in their cars to the food on their tables.
This wasn’t an accident. It’s the direct result of policies that torched the value of the dollar and punished anyone who saved their money. Americans on fixed incomes have been backed into a corner, watching the dream of a secure retirement evaporate. It’s a stark reminder that in this country, there’s one reality for the people who do the work and a completely different one for the D.C. elites.
And now, a new report shows just how different that reality is.
From ‘Fox News’:
The National Taxpayer Union Foundation estimates that Biden could be collecting up to a $417,000 pension — more than he was making a year as president, and more than previous presidents — as a result of collecting pensions from several retirement programs he qualifies for after starting his career in Washington in the 1970s.
After overseeing an economic disaster that hammered American families, former President Joe Biden is in line for a taxpayer-funded pension of $417,000. That’s more than the $400,000 salary he earned while in office. The message from the D.C. bubble couldn’t be clearer: they will always be fine, no matter how much you pay for it.
A Final Insult to Hardworking Americans
This golden parachute is a slap in the face to every American who struggled through the Biden years. While you were grappling with historic inflation and wondering how to stretch your paycheck, the man responsible was lining up a retirement plan that most people can only dream of.
The very citizens whose financial security he jeopardized are now expected to fund his comfortable future. Accountability for failure? Please. This is Washington we’re talking about. Instead of consequences, he gets a taxpayer-funded raise. It is the ultimate display of the cynical and broken system that runs our country.
The ‘Historically Unusual’ Payout
You know it’s bad when even the buttoned-up watchdogs in D.C. are calling this payout what it is: completely out of line. Demian Brady of the National Taxpayer Union Foundation labeled the potential sum “pretty unusual, historically unusual.” This isn’t your grandfather’s pension. It’s the grand prize for a 50-year career spent mastering the game of government.
By stacking benefits from his time as a senator, vice president, and president, Biden has rigged the system for a payday that exposes the rot at the core of the political establishment. He is the ultimate example of a public servant who ended up serving himself.
Another Creature of the Swamp
For 50 years, Joe Biden has been cashing checks funded by the American taxpayer. This absurdly large pension is simply the capstone on a long and lucrative career. It’s what happens in a system designed by career politicians, for career politicians, to ensure they never have to live with the consequences of their own bad decisions.
Don’t forget, when a bipartisan Congress tried to pass modest reforms to these pensions in 2016, Barack Obama vetoed the bill. It’s a perfect little arrangement. They scratch each other’s backs, and you get stuck with the bill.
This pension isn’t just a line item in a budget. It’s a monument to their total and complete contempt for the people they supposedly serve.
Key Takeaways
- Joe Biden is eligible for a $417,000 taxpayer-funded pension, more than his presidential salary.
- This lavish payout comes after his policies inflicted record inflation on American families.
- This is a prime example of a rigged system that enriches career politicians at public expense.
Sources: Fox News
