Obama flips to Sanders’ side, calls for expansion of Social Security benefits

[amandaplan]

The last time President Obama signed on to a plan to save Social Security, nearly five years ago, he agreed to a proposal that would have reduced the growth of benefits.

But now, with Sen. Bernard Sanders of Vermont leading a populist charge in the Democratic presidential primary for expanding retirement benefits, the president has changed his

Comments

[molkat]

Seems like the easiest fix is increase the maximum taxable earnings or get rid of the maximum altogether. The max of $118k is ridiculous. If you're rich enough you clear that in a month or two and then don't contribute to Social Security for the rest of the year. Treat it like income tax where you pay a percentage every paycheck with no maximum.