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July 7, 2008
"Americans have got to understand that. Americans have got to understand that we are paying present-day retirees with the taxes paid by young workers in America today. And that's a disgrace. It's an absolute disgrace and it's got to be fixed."
John McCain, answering a question about the long-term fiscal viability of social security at a town hall meeting in Denver, Colorado. McCain was later criticized for attacking the very way that the popular, decades-old program has always been designed to work. His campaign, and defenders, countered that the candidate was simply referring to the future underfunding of the system and not the system itself.