news.yahoo.com - 9/13/2008
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AP - Alan Greenspan says the country can't afford tax cuts of the magnitude proposed by Republican presidential contender John McCain at least not without a corresponding reduction in government spending.
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Greenspan: Country can't afford McCain's tax cuts
Democratic Underground Latest Breaking News —
... tax cuts with borrowed money," Greenspan said during an interview with Bloomberg Television. "I always have tied tax cuts to spending." McCain has said that he would offset his proposed cuts including reducing the corporate tax rate and eliminating the Alternative Minimum Tax that has plagued middle-class families by ending congressional pork-barrel spending, unnecessary government programs and overhauling entitlement programs such as Medicare and Social Security Read more: http://news.yahoo.com/s/ap/20080913/ap_on_el_pr/mccain
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