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VoteGopher | Compare McCain and Obama | Social Security
PRES. OBAMA VS. CAND. OBAMA
PRESIDENT VS. CONGRESS
ECONOMIC
INTERNATIONAL
DOMESTIC
SOCIAL
POLITICAL
CANDIDATE QUALITIES
Issue Homepage - Social Security   Share 
PRESIDENT OBAMA: ACTIONS IN OFFICE

  • Held a "fiscal responsibility summit" in February to discuss long-term budget issues
  • At the summit, focused more on Medicare and rising health care costs than Social Security
  • Argues that Social Security will be easier to fix than Medicare
  • Has not offered a more specific plan for Social Security reform
CANDIDATE OBAMA
ELECTION 2008

  • Said that the Social Security funding problem is real but manageable
  • Proposed to fund the system by adding a payroll tax of between 2% and 4% to all income above $250,000 per year
  • Opposed personal accounts and privatization
REPUBLICANS
IN CONGRESS

  • Many supported Pres. Bush's 2005 proposal to add personal accounts to Social Security
  • However, the proposal did not have enough support to come to a vote in that Republican-led Congress
  • Most oppose Candidate Obama's plan to raise the payroll tax on high-income earners to fund the system
DEMOCRATS
IN CONGRESS

  • Strongly opposed Pres. Bush's proposal to add personal accounts to Social Security
  • Not yet clear whether Congressional Democrats would support Candidate Obama's plan to raise the payroll tax on the wealthiest earners

MY REPORT CARD
On Social Security:
+ View My Report Card f logo

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