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Sunday Mar 30, 2008

McCain Backs Social Security Privatization ... By Name

ThinkProgress flags a Joe Lieberman lie in an attempt to mislead the public about Sen. John McCain's position on Social Security.

Lieberman falsely claimed, "[McCain] is not for the private accounts to take the place of social security ... He's for what Bill Clinton used to call 'Social Security-plus.'" (Social Security-plus would create new private retirement accounts on top of traditional Social Security.)

That is simply not what McCain supports. McCain supports the privatization of the Social Security. Period.

Watch for yourself. This is McCain speaking on November 18, 2004 in New Hampshire, answering an audience member's question about Social Security privatization.

For those who like to read, here's an excerpt of the exchange:

Q: Will privatizing Social Security be a priority for you going forward?

...

McCAIN: Without privatization, I don't see how you can possibly, over time, make sure that young Americans are able to receive Social Security benefits.

Not "personal accounts" or "private accounts." But "privatization."

And here's a video clip just of McCain's response. Share with your friends!

ThinkProgress has more about McCain's own recent comments about Social Security.

(Thanks to Tom M. for the technical assistance.)

Posted by Bill Scher on Mar 30, 2008 email post email Spotlight / / You are in Social Security