Obama camp okay with raising taxes to fund social security

Jeffrey Liebman, a policy advisor to the Barack Obama campaign says the McCain campaign put out an economic plan in which they said the Obama campaign cannot afford our benefit promises to seniors for social security. But Liebman says that Obama “does believe we can choose to meet our benefit promises to seniors.” Liebman added that Obama believes the best way to handle social security is “in a bi-partisan way,” and that the place to start in paying for it is “to have the people that can most afford it contribute more revenue.” (0:40)
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McCain camp says Obama’s words have “short half life.”

Douglas Holtz-Eakin a policy advisor with the John McCain campaign criticizes Sen. Barack Obama for reversing his positions on a whole host of issues. In attacking, Holtz-Eakin says “words from the Obama campaign have a very short half life.” Holt-Eakin was joined by Jeffrey Liebman from the Obama campaign for an AARP forum on paying our nation’s future bills by the next president. (1:19)
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