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Obama Urges Social Security Increase in Preview of Campaign Role

  • Reversal from 2011 Obama support for cuts in benefit growth
  • Unifies Obama Social Security stance with Sanders and Clinton
Bloomberg business news

Obama 'Itching' to Get on Campaign Trail

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President Barack Obama on Wednesday called for an increase in Social Security benefits for the elderly as he hit the road with a speech that previewed his role as campaigner-in-chief for Democrats ahead of the November election.

The president’s comments mark a reversal after he sought a bipartisan deal five years ago that would have cut Social Security and move the Democratic Party toward a unified stance on the nation’s cornerstone retirement program.