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Monday, April 21, 2008

McCain economic plan doesn't add up

How many more times are we going to hear yet another Republican claiming to have a magic plan to sort out the budget? They always talk about it but when they control all branches of Washington, the results spoke for themselves. It should come as no surprise to anyone that the McCain plan is the latest GOP attempt at spinning America into giving corporate welfare while everyone else pays the price. Since McCain thinks it's so easy, let's hear specifics now. What is he going to cut from the budget? Sounds like the latest edition of Republican voodoo economics.

Robert Bixby, executive director of the Washington-based Concord Coalition, a nonpartisan group that advocates budget restraint, said ``the huge imbalance'' in McCain's plan ``is that the tax cuts are specific and large and the spending cuts are small and vague.''

Once, McCain was a deficit hawk, Bixby said, but ``strange things happen when people run for president.''

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