AP's Johnson reported McCain claim that private accounts will improve Social Security solvency, without noting that it's false

SUMMARY: The Associated Press reported that Sen. John McCain "says all options must be considered to stave off insolvency for the government insurance and retirement program [Social Security], and top McCain advisers say that includes so-called personal retirement accounts like those President Bush pushed in 2005 but abandoned in the face of congressional opposition." In fact, the Bush administration itself has admitted that private accounts themselves would do nothing to address Social Security's projected long-term revenue shortfall.

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