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Title: Candidates' plans would increase deficit
Source:
United Press International
URL Source: http://www.upi.com/NewsTrack/Top_Ne ... ns_would_increase_defict/5624/
Published: Apr 29, 2008
Author: None
Post Date: 2008-04-29 21:02:06 by richard9151
Keywords: None
Views: 169
Comments: 6
Published: April 27, 2008 at 4:24 PM
WASHINGTON, April 27 (UPI) -- Plans outlined by the three main U.S. presidential contenders will increase the federal deficit, adding to the national debt significantly, budget experts say.
Arizona Sen. John McCain, the presumptive GOP nominee, is proposing deep tax cuts, while the two Democrats vying to be president are proposing a vast array of new government programs, The New York Times reported Sunday.
Robert Bixby, executive director of the Concord Coalition, a nonpartisan group that advocates deficit reduction, said whoever wins the Oval Office will have an effect on the nation debt, which has reached $9.1 trillion from $5.6 trillion at the start of 2001.
"With the proposals they have on the table, it looks to me like all three would make it deeper," Bixby said of the national debt.
Experts say McCain's tax plan appears the most likely to widen the deficit.
The nonpartisan Tax Policy Center in Washington found his tax and budget plans, if enacted as proposed, would add at least $5.7 trillion to the national debt over the next 10 years.
Plans by Democrats Sens. Hillary Clinton of New York and Barack Obama of Illinois would impact the deficit about two-thirds less than McCain's plan, the newspaper reported.
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#1. To: richard9151 (#0)
Ah yes, and of COURSE we simply CAN'T AFFORD ANYTHING that might help average Americans. Of course not. We can afford TRILLIONS and TRILLIONS for the Pentagon, for wars, for corporate tax breaks, we ALWAYS have TONS of money for ANYTHING THEY WANT, but when it's time to spend any money putting FUCKING FOOD on the FUCKING TABLES of AVERAGE AMERICANS, well, no, no, tut tut... we just CAN'T afford it... would break the budget you know. How FUCKING LONG are people going to TAKE THIS EVIL SHIT?
 | Gold and silver are REAL money, paper is but a promise. |
#2. To: Elliott Jackalope (#1)
Till -- they -- lose -- their -- cable! THEN the shit will hit the fan!! Oh, and their pizzas... gotta lose the pizzas as well.
How FUCKING LONG are people going to TAKE THIS EVIL SHIT?
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest. ++++++++++ Attention, Shrub; A life of evil is ultimately a life of wretchedness.
#3. To: richard9151 (#0)
Candidates' plan to There fixed.
would increase deficit
Thought for the day:
Calling an illegal alien an 'undocumented immigrant' is like calling a drug dealer an 'unlicensed pharmacist'
#4. To: Elliott Jackalope (#1)
Go Elliott!!! I'm as angry as you are but too tired to type. Stay pissed for me! Seriously, I'm loving your anger. Eat lead you wicked bastards.
#5. To: farmfriend (#3)
Actually, you are correct, and I missed that! Excellent catch.
There fixed.
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest. ++++++++++ Attention, Shrub; A life of evil is ultimately a life of wretchedness.
#6. To: richard9151 (#0)
550 billion on the base defense budget; an additional 250 billion or so on supplemental bills to fund the wars; and then about 200 billion on intelligence between CIA & NSA & others. that's a trillion dollars a year. and if you want to free some money up you decrease the total to about 200 billion a year. Obama shows no sign whatsoever of wanting to do this. and then you could save another 400 billion a year by eliminating the federal reserve and repudiating debts to it which we should do.
Revelation 6:6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and [see] thou hurt not the oil and the wine.
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