Private accounts? No
Hiking the wage cap? No
Stand on reforming the system:
Plan includes voluntary add-on accounts (not funded via payroll tax) with federal dollar match.
Proposal to pay for the funding gap:
Would index benefits to inflation (not wage growth), which could reduce benefits 5 percent to 10 percent.
Fred Thompson's plan
| White House hopefuls revive the debate over how to make Social Security solvent. But they favor different approaches. (more) The presidential front-runners are vying for votes with lots of new ideas, including new incentives to save, invest and buy insurance. (more) The top White House contenders are a lot richer than the rest of us. But a review of their finances shows they make a lot of the same mistakes we all do. (more) |
