Democrat Barack Obama said Sunday he will push for higher Social Security taxes if elected, viewing it as the best option for improving the retirement program's finances.
On the Republican side, candidate Fred Thompson last week unveiled a Social Security proposal that calls for reducing benefits to future retirees and creating a system of voluntary personal retirement accounts. The plan is similar to one put forth by President Bush that ultimately stalled in Congress.
Sunday, November 11, 2007
"Obama to push higher Social Security tax"