FEDERAL SPENDING
McCAIN would try to restrain congressional spending. He's a longtime foe of unauthorized spending earmarks on Capitol Hill. But both parties see spending on favorite programs as a way to keep constituents happy, and McCain would probably have little success. He would also seek to limit growth in domestic accounts, abd has proposed a freeze on nonmilitary domestic spending, except for entitlement programs.
OBAMA sees more domestic spending as an investment in national health care, science research and education, supported in part by higher taxes. He opposes a freeze saying more targeted cuts are needed for some programs, with expansions for others.
Neither candidate would or likely could do much to limit the ballooning deficit. The soft economy will make efforts to reduce the deficit even harder in the near term.
1 Comments
Leave a comment
ISSUES AT A GLANCE
MORE POLITICAL COVERAGE FROM KIPLINGER
OUR FAVORITE SITES
- The Hotline Blog
- Political Wire
- PollingReport.com
- New York Times Election Guide 2008
- P2008 (George Washington University)
- Pollster.Com
- The Pew Research Center for the People & the Press
- FactCheck.Org
- US Politics Guide.com
- First Read (MSNBC)
- The Note (ABC News)
- Politico.com
- National Review: The Corner
- The Huffington Post
- Peggy Noonan (Wall Street Journal)
- Mark Shields
- David Brooks (New York Times)


DIGG
Why is it that all Republicans want to reduce domestic spending (read: entitlements, but probably not farm supports) and yet they won't reduce military spending? The US spends more $$$ on "the military" (bombs and guns, but not salaries) than the rest of the world combined. It's true!!!
And, the Democrats want to "piece-meal" health care benefits. I buy my own health care insurance (no employer help or govt.tax credit) and at the same time my tax $$$ go to help pay for millions of others, including illegals. So, now the Democrats want to add more "others" to the list.
It's time for a third party candidate...