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May--Social Security Fact of the Day

Social Security cannot afford to pay all of the benefits it has promised. Beginning in 2017, it will run cash deficits that get bigger every year.

Many times, opponents of personal accounts attempt to paint reformers as partisan hacks. A new poll, however, finds that partisan politics has little to do with substantive support for personal accounts in Social Security. The poll finds that likely voters in states that supported President Bush in 2004 favor personal accounts by a 57-36% margin. Notably, even likely voters of Kerry-supporting states favor PRAs by 48-44%. In either case, a plurality of likely voters support personal accounts for Social Security.

Social Security has a problem, and we need to fix it. Personal accounts are the solution.

No Blue State-Red State Divide on Personal Accounts
Source: Zogby Poll for the Cato Institute—5/23-5/25
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