Monday, July 21, 2008

McCain is right: Social Security is broken

It must be, if John McCain gets almost full benefits.

From San Francisco Business Times (h/t Democracy for Utah):

Republican presidential candidate John McCain cashes his monthly Social Security checks despite calling the federal program "a disgrace," the Associated Press reports.

"I'm receiving benefits," McCain told campaign reporters, but added, "the system is broken."

In 2007, he received benefits of $23,157 from Social Security, approximately $1,930 a month. The maximum monthly benefit under Social Security is $2,185. [...]

In 2006, McCain's wife Cindy earned $6 million, and has a net worth of approximately $100 million.

Let's not forget McCain's $165,200 salary he still pulls down as a US Senator.


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