07/14/2008 05:12 am ET | Updated May 25, 2011

McCain To Unveil Vow To Balance Budget In First Term

Sen. John McCain (R-Ariz.) plans to promise on Monday that he will balance the federal budget by the end of his first term by curbing wasteful spending and overhauling entitlement programs, including Social Security, his advisers told Politico.

The vow to take on Social Security puts McCain in a political danger zone that thwarted President Bush on the top domestic priority of his second term.

McCain is making the pledge at the beginning of a week when both presidential candidates plan to devote their events to the economy, the top issue in poll after polls after voters struggle to keep their jobs and fill their gas tanks.

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