 | Like many other candidates, Senator Joe Biden (D-DE) favors raising the wage cap so higher wage earners would have to pay FICA taxes on more of their earnings. He also favors creating "Kid Accounts" where the government would create a savings account for each child at birth. The interest from the account would help supplement Social Security when that child reaches retirement. http://www.joebiden.com/issues/?id=0026
Money magazine and CNN online covers the candidates' thoughts on Social Security.
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