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
Social Security
To help shore up the system, Obama prefers to raise taxes.

· 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 November 06 2008: 11:36 AM ET
Source:
*June 9, 2008, Speech, Raleigh, N.C.
More Galleries
Utilikilts makes kilts with pockets and belt loops in Seattle shop Founder Steven Villegas has been running the business for 16 years hoping utility kilts will one day be mainstream menswear. More
World's Top Employers for New Grads For an exclusive CNNMoney list, research firm Universum Global surveyed business students at colleges around the world to see where they most want to work. More
Brexit voices: In or out? CNNMoney speaks to British people to find out their views ahead of the referendum on EU membership. More

Special Offer