http://mediamatters.org/tools/syndication/tag_rss/social_security This link is for use by RSS-enabled software to retrieve Media Matters items matching the term: Social Security en-US Copyright 2008, Media Matters for America http://mediamatters.org/items/200807090001 In a <em>Washington Post </em>article, Perry Bacon Jr. listed "allowing younger workers to put money they currently pay for Social Security taxes into personal savings accounts" as one of "an array of ideas" that aides to Sen. John McCain "indicated" he "could support" in "finding a solution to the long-term solvency of" Social Security. But Bacon did not note that the Bush administration has admitted that private accounts themselves would do nothing to address Social Security's projected long-term revenue shortfall. http://mediamatters.org/items/200807090001 Wed, 9 Jul 2008 10:46:25 EST http://mediamatters.org/items/200806130005 The <em>Politico</em>'s Ben Smith falsely suggested that Sen. Hillary Clinton criticized Sen. Barack Obama's proposal to address the solvency of Social Security, which includes raising the payroll tax on workers earning more than $250,000 per year. In fact, while Clinton said in November 2007 that she opposes "lift[ing] the cap completely," she has not said that she opposes raising the cap on payroll taxes if the plan to do so includes a so-called "doughnut hole" exempting those earning less than $250,000 from a tax increase, as Obama has proposed. http://mediamatters.org/items/200806130005 Fri, 13 Jun 2008 15:25:01 EST http://mediamatters.org/items/200806110005 The <em>Wall Street Journal</em>'s Stephen Moore asserted that Sen. Barack Obama "has vowed ... to end the cap on Social Security taxes, which amounts to a tax hike on anyone who makes more than $100,000 in income," and he later asserted that "New York Rep. Joseph Crowley says a couple with earnings of $100,000 could be 'a police officer and nurse.' 'In New York City,' he adds, 'they'd be struggling.' " Moore's inclusion of a reference to "a couple ... [who] could be 'a police officer and nurse' " falsely suggests that Social Security taxes are assessed on households. In fact, Social Security payroll taxes are assessed on individual income. http://mediamatters.org/items/200806110005 Wed, 11 Jun 2008 14:53:20 EST http://mediamatters.org/items/200801230001 CNN senior correspondent Allan Chernoff falsely asserted on <em>The Situation Room</em> that Social Security "will go bust, be out of money, in 2041." In fact, according to a 2007 federal report, "[p]resent tax rates would be sufficient to pay 75 percent of scheduled benefits after trust fund exhaustion in 2041 and 70 percent of scheduled benefits in 2081." http://mediamatters.org/items/200801230001 Wed, 23 Jan 2008 10:36:49 EST http://mediamatters.org/items/200710180003 George Will wrote that Sen. Clinton "stridently opposed" President Bush's "advocacy of personal accounts financed by a portion of individuals' Social Security taxes" and suggested that her recent proposal to offer a matching tax credit to families that invest in 401(k) retirement accounts reflects "an undisclosed epiphany," after which "she belatedly recognizes that 401(k) funds invested in equities are a foundation for security." But contrary to Will's suggestion, Clinton has long expressed support for tax credits for retirement investments, while opposing the diversion of Social Security payments into private accounts. <br /> http://mediamatters.org/items/200710180003 Thu, 18 Oct 2007 11:02:55 EST http://mediamatters.org/items/200708140006 In an editorial, <em>USA Today</em> suggested that President Bush's proposal to "partially privatize Social Security" would have addressed the program's "underfunding time bomb, set to detonate in about a decade." But as <em>Media Matters for America </em>has repeatedly noted, even the administration has acknowledged that its plan for private Social Security accounts -- on their own -- will do nothing to address the "time bomb." http://mediamatters.org/items/200708140006 Tue, 14 Aug 2007 18:46:36 EST http://mediamatters.org/items/200704240008 http://mediamatters.org/items/200704240008 Tue, 24 Apr 2007 18:57:40 EST http://mediamatters.org/items/200605180014 A <em>New York Times</em> article about new Democratic Congressional Campaign Committee radio advertisements on Social Security incorrectly stated that the ads "try to remind those who traditionally vote Republican of their party's plan to add private investment accounts" to the retirement program. In fact, President Bush did not propose adding accounts to the existing system; instead, he proposed allowing workers to divert up to 4 percent of wages (about one-third of their payroll taxes) into a private account, removing it from the money available to pay Social Security benefits for current retirees. http://mediamatters.org/items/200605180014 Thu, 18 May 2006 17:16:04 EST http://mediamatters.org/items/200605030013 ABC <em>World News Tonight</em> anchor Elizabeth Vargas -- repeating a false characterization by the Bush administration that has been repeatedly debunked -- described the revised estimates for when the Social Security and Medicare programs' respective trust funds will become depleted as "the day when the Social Security and Medicare programs run out of money." In fact, neither program would "run out of money" when its trust fund became depleted. http://mediamatters.org/items/200605030013 Wed, 3 May 2006 17:49:17 EST http://mediamatters.org/items/200509150004 http://mediamatters.org/items/200509150004 Thu, 15 Sep 2005 16:45:20 EST http://mediamatters.org/items/200508310003 http://mediamatters.org/items/200508310003 Wed, 31 Aug 2005 18:43:20 EST http://mediamatters.org/items/200508300006 http://mediamatters.org/items/200508300006 Tue, 30 Aug 2005 19:03:25 EST http://mediamatters.org/items/200508230003 http://mediamatters.org/items/200508230003 Tue, 23 Aug 2005 12:24:05 EST http://mediamatters.org/items/200508170003 http://mediamatters.org/items/200508170003 Wed, 17 Aug 2005 14:06:49 EST http://mediamatters.org/items/200506270001 http://mediamatters.org/items/200506270001 Mon, 27 Jun 2005 13:58:28 EST