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McCain on the defensive about spending - Voodoo McEnomics

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Undercurrent Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-29-08 02:44 PM
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McCain on the defensive about spending - Voodoo McEnomics

GEE'S BEND, Ala. (AP) — John McCain squinted in the midday sunshine as he crossed the meandering Alabama River aboard the Gee's Bend ferry, smiling at a dozen elderly black women who clasped his hands and crooned gospel hymns.

The ferry began running in 2006 with $3 million in federal dollars — money the senator voted against — four decades after whites eliminated ferry service to stop black residents from crossing to the county seat to register to vote...

...McCain promises to shave at least $35 billion annually from the federal budget by eliminating earmarks. Tough enough, considering Congress spent only around $15 billion on earmarks last year. McCain adviser Doug Holtz-Eakin, former head of the Congressional Budget Office, says McCain wants deeper cuts to punish lawmakers for past earmarks.

But if McCain cuts spending that deeply, how can any worthy project still get money? And if projects do get money, how can McCain cut spending by that much?

"I can't get the numbers to add up," said Brian Riedl, budget analyst at the Heritage Foundation, a conservative think tank in Washington. "You either eliminate the projects and their funding, or you don't."

The discrepancy only adds to criticism that McCain is making budget promises he can't keep...

http://ap.google.com/article/ALeqM5jg1jtHcVu3RXiT-fGUlEL-pqxE3AD91JSJ6O0

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papapi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-29-08 03:24 PM
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1. McShame's Grand Scheme to Keep the economy afloat....
cut money we aren't even spending. This must be the dumbest fuck to ever run for public office.
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