Yesterday, Senator Barack Obama was out on the stump talking about Social Security. It’s about time we started hearing about this issue from the candidates, particularly with people so concerned about their financial futures. Reform is important and yesterday the Senator mentioned just one option when it comes to making sure Social Security is around for future generations – raising the payroll tax. There are lots of other ideas out there and with 80 million Americans likely to retire in the next 20 plus years, it seems like a great time to start looking at the ways to make sure that Social Security is around for the next generation.
Solutions will involve answering difficult questions and making tradeoffs, no doubt about it. Whoever is elected in November will have to lead in finding a solution.
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