Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 22
BACKNEXT
Social Security
To help shore up the system, McCain favors individual accounts and reducing benefit growth. Obama prefers to raise taxes.

· Supplement Social Security benefits with individual investment accounts.

· Prefers slowing the growth in benefits to raising taxes.

"...You have to go to the American people and say...we won't raise your taxes. We need personal savings accounts, but we [have] got to fix this system." -- McCain*
· Opposes individual investment accounts.

· Against raising retirement age.

· Favors increasing the amount that workers making $250,000 or more pay into the system. Considering plan to tax income over $250,000 at between 2% and 4% - half of which would be paid for by the employee and half by the employer.

"We will not privatize Social Security, we will not raise the retirement age, and we will save Social Security for future generations by asking the wealthiest Americans to pay their fair share." -- Obama**




NEXT: Medicare
Last updated October 29 2008: 12:15 PM ET
Source:
*Oct. 21, 2007, GOP Debate, Orlando, Fla.
**June 9, 2008, Speech, Raleigh, N.C.
More Galleries
Super Bowl bound? Things to do in Houston besides the big game If you're one of the thousands of fans are headed to Houston for the Super Bowl Sunday, here are five things to do when you're not at the stadium. More
Sneak peek at Super Bowl 51 ads The ghost of Spuds MacKenzie and an ad about immigration steal the show in the swell of upcoming Super Bowl ads. Advertisers are paying, on average, $5 million for 30-second spots during Sunday's game on Fox. But if you want to watch something other than commercials, the New England Patriots happen to be playing the Atlanta Falcons. More
Most expensive cars from the Scottsdale collector car auctions The ten most expensive cars sold at the annual Arizona collector auctions went or a total of $44 million. More

Special Offer