McCain receiving Social Security benefits

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Story Created: Jul 17, 2008 at 1:29 PM EST

Story Updated: Jul 17, 2008 at 1:29 PM EST

KANSAS CITY, Mo. (AP) — Republican presidential candidate John McCain says he is receiving Social Security checks, but he says the system needs to be fixed if future generations are to enjoy the same benefits.

The senator from Arizona is about a month shy of his 72nd birthday and would be the oldest president elected.

Last week, McCain said the system for funding Social Security is "a disgrace" because it forces young workers to pay into a program that is unlikely to benefit them in its current form.

Social Security benefits are projected to exceed its tax revenues in about nine years. The program's trustees have said the Social Security trust fund will be depleted by 2041 unless the system is changed.

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