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U.S. News' Pethokoukis falsely claimed McCain is not calling for carve-out Social Security accounts

September 19, 2008 6:00 pm ET

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SUMMARY: On MSNBC Live, James Pethokoukis claimed that "Senator [John] McCain is not calling for privatizing Social Security. He's talking about perhaps separate accounts, but he's not actually talking about taking your Social Security payments and funneling them in the stock market." In fact, in a March Wall Street Journal interview, McCain reiterated his support for private Social Security accounts that would be funded through existing payroll taxes and could be invested in the stock market.

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