Trump Takes Credit For Biden-Era $1,000 Match For Low-Income Retirement Plans

[riversedge]

Source: huff Post



Trump Takes Credit For Biden-Era $1,000 Match For Low-Income Retirement Plans

It was one of the few policy proposals in Trump’s record-breaking, 108-minute State of the Union speech. It was also signed into law by his predecessor four years ago.


S.V. Date Feb 25, 2026, 06:26 PM EST

WASHINGTON – A proposal to give lower-income workers a $1,000 federal match for their retirement accounts, one of President Donald Trump’s few policy ideas in his State of the Union speech, is actually already on the books, thanks to a 2022 law signed by Democratic predecessor Joe Biden.

“Half of all of working Americans still do not have access to a retirement plan with matching contributions from an employer. To remedy this gross disparity, I am announcing that next year, my administration will give these often-forgotten American workers, great people, the people that built our country, access to the same type of retirement plan offered to every federal worker. We will match your contribution with up to $1,000 each year,” Trump proclaimed in his remarks, which at 108 minutes broke his own record for longest address to a joint session of Congress.

What he neglected to mention was that the proposal is already law of the land, set to begin in 2027. The idea was one of numerous revisions to retirement plans contained in the bipartisan SECURE 2.0 Act, which was rolled into the 2023 appropriations bill that Biden signed into law on Dec. 29, 2022.

“Nothing Trump does surprises me anymore: not being associated with a pedophile in Jeffrey Epstein, not making a case for war with Iran, and not taking credit for a Biden-era policy and then immediately blaming Biden for everything else,” said Alexandra LaManna, a former Treasury Department spokesperson during the Biden administration.........................................





Read more: https://www.huffpost.com/entry/trump-takes-credit-for-biden-law_n_699f6ec9e4b0ef1afcc096a9?origin=home-latest-news-unit

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NEW -- Last night Donald Trump announced a $1,000 match for lower-income workers' retirement accounts.

He forgot to mention that it was created under a proposal signed into law by Joe Biden. It is already going into effect in January.

Link to tweet

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[Tim S]

1. Nice find! Thank you

[twodogsbarking]

2. Why can't we get a billion like, well, you.

[Bengus81]

3. How about the dozens OR hundreds of Republicants in Congress voting against Biden's

Infrastructure bill like all good MAGOTS were instructed to do only to pump their chest and take credit for roads,bridges high speed internet, etc..etc a year or so later. Biden started calling them out on it too.

Fucking hypocrites on a daily basis

[Joinfortmill]

6. My hate has no bounds.

[twodogsbarking]

4. But if you are poor where do you get the thousand dollars for the government match?

No heat? No groceries? No Meds? I think they need help now.

[Joinfortmill]

5. Such a fucking LIAR.

[SunSeeker]

7. He's such a lying scumbag.

[MLWR]

8. Because he's too lazy and too stupid to do any real work himself, once again Krasnov takes credit for someone else's wor

once again Krasnov takes credit for someone else's work.

[twodogsbarking]

9. But............

President Franklin D. Roosevelt signed the historic Social Security Act into law on August 14, 1935, in the White House Cabinet Room, a cornerstone of his New Deal program. The legislation established a federal safety net, providing old-age benefits, unemployment compensation, and aid to vulnerable citizens, profoundly impacting American social welfare.

[Bayard]

10. Dem presidents get things done

Rethug presidents have concepts.