Biden Says He Couldn't Afford Childcare Making $42K in 1973 (or $250K, Adjusted for Inflation)
Added 01-15-20 12:20:04am EST - “Joe Biden that he could not afford childcare during his early Senate days, despite making the modern equivalent of a quarter of a million dollars.” - Freebeacon.com
CLICK TO SHARE
Democratic presidential candidate Joe Biden said during Tuesday's debate that he could not afford childcare during his early Senate days, though his salary at the time amounted to the modern equivalent of a quarter of a million dollars per year.
"I was a single parent, too," Biden said when asked about universal childcare. "When my wife and daughter were killed, my two boys I had to raise. I was a senator, a young senator, I just hadn't been sworn in yet. And I was making $42,000 a year."
"I commuted every single solitary day to Wilmington, Delaware … 250 miles a day," the former vice president continued. "Because I could not afford, but for my family, childcare. It was beyond my reach to be able to do it."
David Rutz breaks down the most important news about the enemies of freedom, here and around the world, in this comprehensive morning newsletter.
While living on $42,000 would place Biden in the bottom half of U.S. households in today's dollars, it placed him firmly among the richest Americans when he was sworn in as senator in 1973. Biden's freshman Senate salary of $42,500 would be the equivalent of $256,370.77 in 2019 dollars, according to the Bureau of Labor Statistics inflation calculator.
Anonymous comments are welcome, just check the "Comment Anonymously" box before submitting your comment. Note: Comments are free and open until someone ruins it. Don't dox, promote violence, etc. Be nice and have fun.
CLICK TO SHARE
COMMENTS VIA TWITTER
Biden Claims he Couldn't Afford Childcare on $42K Salary in 1973, Equivalent of $250K When Adjusted for Inflation https://t.co/uHTpWzHjUK
Biden said tonight he couldn't afford childcare when he first joined the Senate because he "was making $42,000 a ye… https://t.co/ztVf5Rpwrc
Biden Says He Couldn’t Afford Childcare Making $42K in 1973 (or $250K, Adjusted for Inflation) https://t.co/D2RJaVxd1L
RT @SteveGuest: Biden Says He Couldn’t Afford Childcare Making $42K in 1973 (or $250K, Adjusted for Inflation) https://t.co/D2RJaVxd1L
RT @HashtagGriswold: Biden said tonight he couldn't afford childcare when he first joined the Senate because he "was making $42,000 a year.…