Wednesday, October 12, 2011

Earnings Cap Democratic Debate (President Obama CNN)


Barack Obama strongly supports raising the earnings cap on Social Security, which is currently $102,000
"Q: We all know that Social Security is running out of money, but people who earn over $97,500 stop paying into Social Security. What is up with that? A: I think that it is an important option on the table, but the key, in addition to making sure that we don't privatize, because Social Security is that floor beneath none of us can sink."


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