Older voters want candidates who will protect Social Security, poll finds. Yet parties are tied for their support

2024-06-20 20:30:00+00:00 - Scroll down for original article

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Joe Biden and Donald Trump Getty Images Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that affect them, particularly Social Security, according to a new AARP poll of likely voters from the 44 most competitive congressional districts. When asked one question — "How worried are you about your personal financial situation?" — 63% of all voters and 62% of voters ages 50 and up said they are worried, according to the bipartisan survey conducted earlier this month by Fabrizio Ward and Impact Research. "It's a substantial majority of voters who are concerned about their personal financial situation, and why economic issues are going to play such a big role in in this election," Bob Ward, partner at Fabrizio Ward, said during a Thursday presentation of the results. Meanwhile, for older voters, ages 50 and older, Social Security is a top economic concern, the results found. The program's trust funds may be depleted in the 2030s, at which point there would be across-the-board benefit cuts unless Congress acts sooner. Social Security an 'up for grabs issue' When asked how important Social Security is in determining their vote, 80% of voters — ages 50 and up — say it is either extremely important or very important. The issue ranks high as a priority for voters who are Democrats, Republicans or independents. "Democrats only have a three-point advantage on Social Security right now, so the parties are basically tied," said Jeff Liszt, partner at Impact Research. "Social Security is really an up for grabs issue," he added. Many voters said they would be more likely to vote for a candidate who will protect Social Security, he noted. Another issue — family caregiving — also ranked as a high priority with voters ages 50 and up. To that point, 80% of that group surveyed said they would be more likely to vote for a candidate who would provide support to family caregivers to help seniors live independently as they age, and 74% said they would support a candidate who would provide tax credits to help cover the costs of family caregiving. While President Joe Biden has vowed not to cut Social Security benefits, former President Donald Trump said in a March CNBC interview that he would reevaluate spending on entitlements, which could include benefit cuts. Democrats in Congress have proposed plans to make Social Security benefits more generous, which would be paid for by taking the wealthy. watch now