I believe that we may meet our obligations to the retirees of today and the future without raising taxes, and I have long supported supplementing the current Social Security system with personal accounts—but not as a substitute for addressing benefit promises that cannot be kept. People of good faith in both parties agree that we must make the hard decisions to restore solvency to these programs.
As President, I will work on a bi-partisan basis to make the hard choices to save Social Security and Medicare, protect the retirement security of our workers, and protect the American economy. I will listen to any serious reform proposal people have but believe we can achieve reform and modernization without higher taxes.