Brownback: Private Accounts Best Option to Save Social Security

By: AP
By: AP

MANCHESTER, N.H. (AP) _ Republican presidential hopeful Sam Brownback says the current Social Security system "stinks'' for younger workers - including his children.

The Kansas Senator said in New Hampshire today that the system instead should be shifted to optional personal accounts.

Brownback is expanding his Social Security plan during a campaign swing. His appeal mirrors one President Bush has made, but opposition from AARP helped scuttle private accounts in 2005.

He said the system is making unfair promises to younger generations, missing a chance to make itself solvent and failing to offer any real support for older Americans.

He said the United States faces three options: either raise the deficit to meet its obligation, raise taxes to cover spending pace or admit the system won't meet its obligations.

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