Saturday, October 18, 2008

AP: Candidates' Social Security plans lack details

The Associated Press writes on the Sens. Obama and McCain's plans for Social Security – or lack thereof.

Barack Obama wants to raise taxes on high-income workers to ease Social Security's looming cash crunch. John McCain favors voluntary private accounts for younger workers, saying they can't count on the same government benefits as today's retirees.

Beyond those generalities — and a shared opposition to an increase in the retirement age — the two presidential rivals are long on commitment and short on specifics when it comes to the government's huge retirement income program.

Click here to read the full story.

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