Today John McCain called Social Security “a disgrace,” and told reporters on his campaign bus:
“I’m receiving the benefits, the system is broken and, unfortunately, my children and grandchildren, according to the trustees of the Social Security system, will not have the same benefits the present retirees have.”
If it’s so broken, I can’t help but wonder why John McCain, who certainly isn’t hurting for the money, still “cashes his own retirement check every month” from Social Security.
McCain reported a total income of $405,409 in 2007. As a senator, he is paid $169,300 a year. Last year, he donated $105,467 to charity, his return shows.
McCain’s wife, Cindy, reported a total income of more than $6 million in 2006, according to the campaign. She files her tax return separately from her husband and has received an extension for 2007. Heiress to a large Arizona beer distributorship, she is reportedly worth more than $100 million.
No one is required to “take Social Security payments.” You would think that if John McCain was so worried about the system, he wouldn’t be taking the cash and then apparently donating it to a charity. Twisted logic in my book.