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Democratic National Committee: Democrats Highlight McCain's Plan to Privatize Social Security in New Campaign
Date:7/16/2008

WASHINGTON, July 16 /PRNewswire-USNewswire/ -- The Democratic National Committee today launched a new web video called "Absolute Disgrace" that shows John McCain calling the current mechanism for funding Social Security an "absolute disgrace" and demonstrates his preferred alternative: President Bush's failed plan to privatize Social Security. The DNC also announced that it will be shipping to state parties thousands of signs that say "Hands Off My Social Security" on one side and "My Social Security Is Not a Disgrace" on the other as part of a nationwide program of activities aimed at highlighting the threat that McCain's position on Social Security poses to the most successful government program in our nation's history. Today's announcement comes on the same day the coalition of organizations that derailed President Bush's effort to privatize Social Security in 2005 is hosting a conference call to discuss their own activities to highlight McCain's support for Bush's most unsuccessful domestic policy proposal of his Presidency.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080519/DNCLOGO )

On the campaign trail, Senator McCain claims he would balance the budget by reigning in entitlement spending, which would mean slashing Social Security benefits for millions of seniors, survivors and people with disabilities. McCain has consistently been one of the strongest supporters of President Bush's risky scheme to privatize Social Security, even hitting the road with the President to sell the plan in 2005. At a time when the stock market is spiraling downward and American families are facing more economic insecurities, McCain is touting a plan that would turn Social Security from a guarantee into a gamble and blow a whole in the national debt with $1 trillion in transition costs.

DNC Chairman Howard Dean today issued the following statement:

"John McCain's pro
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SOURCE The Democratic National Committee
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