WASHINGTON — Republican presidential candidate Sam Brownback says Social Security can be fixed with private savings accounts.
Under a plan he's offering, workers would invest a little less than half of their payroll taxes in stocks and other market-based investment funds. It's like a plan pushed unsuccessfully by President Bush.
Brownback, a favorite of conservatives, will have more to say on the topic when he speaks to an anti-tax group tomorrow in Florida.
Under his plan, people could stay in the old system; but young people would automatically get private retirement accounts when they enter the workforce.
Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.