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Mike Huckabee on Social Security

Social Security is a social insurance program officially called "Old-Age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. The debate over social security is largely in how and who will control these accounts. The candidates offer many prescriptions which run the spectrum between private and public control of social security.

The issues

Mike Huckabee supports privatizing social security through personal Social Security accounts

"He would head off a 'Social Security train wreck' by getting workers engaged in planning their own retirement with a combination of Social Security and personal accounts."

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"The word, instead of privatization, is personalization.... It's empowering you to make your decisions for your future, because it's your money, your earnings. That's what we ought to be doing."

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Mike Huckabee strongly opposes raising the earnings cap on Social Security, which is currently $102,000

Wants to eliminate all federal income and payroll taxes and replace with a tax on wealth.

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