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Obama vs. McCain on Social Security

Compare Obama vs. McCain on Key Social Security issues


While Barack Obama and John McCain both advocate a bipartisan approach that would bring together Democrats and Republicans to develop a workable solution to the problems that plague Social Security, the two presidential candidates have widely different views on the best ways to solve the problems.

Three central questions define the Social Security debate in the 2008 presidential election campaign between Obama and McCain. The following links will help you understand and compare where Obama vs. McCain stand on these key Social Security issues:

Obama vs McCain: Should Social Security be Privatized?
Would Social Security privatization (partially funding Social Security through voluntary private investment accounts) be a solid solution, or does it put Social Security benefits at risk to the vagaries of the stock market?

Obama vs McCain: Should the Social Security Payroll Tax Cap be Eliminated?
The current Social Security payroll tax cap mandates that people pay Social Security tax on only the first $102,000 they earn per year. Removing the cap would increase the amount of Social Security tax that wealthy people pay. How Obama vs. McCain feel about this issue?

Obama vs. McCain: Raise the Retirement Age or Cut Social Security Benefits?
You've probably noticed that the standard retirement age for Social Security has creeped up a bit over the years. How do Obama and McCain feel about raising the retirment age even higher--or reducing the amount of paid benefits--to keep more money in the Social Security fund?

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