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Greenspan: Country Can’t Afford John McCain’s Massive Unpaid-For Tax Cuts
Think Progress —
On Bloomberg Television this weekend, former Federal Reserve Chairman Alan Greenspan told host Al Hunt that the country can’t afford John McCain’s massive $3.3 trillion tax cuts without corresponding spending reductions:
HUNT: John McCain’s proposed $3.3 trillion of tax cuts in two terms. Can the nation afford tax cuts of that magnitude?
GREENSPAN: Unless we cut spending, no. … I’m not in favor of financing tax cuts with borrowed money.
Watch it:
After endorsing Bush’s massive tax ...
There's no tomorrow
The Reaction —
by Capt. Fogg "I'm not in favor of financing tax cuts with borrowed money," said the man, and the man isn't a farleftliberal weenie with McCain derangement syndrome. It's Alan Greenspan talking about the tax plans of Lyin' John McCain who likes to brag that he knows nothing about economics so that the proletarian snobs he panders to will think he's a regular guy who keeps a fridge full of Budweiser in all 9 houses - and on the jet. Of course Joe Sixpack and Mary Mooseburger are happy to tell you he'll cut spending to offset ...
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Greenspan: Country can't afford McCain's tax cuts
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news.yahoo.com 9/13/2008 — 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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McCain-Endorser Greenspan Does Not Endorse His Tax Cuts
blogs.abcnews.com 9/14/2008 — Former Fed chairman Alan Greenspan in April endorsed Sen. John McCain, R-Ariz., saying, "I'm Republican and I support John McCain, who I know very well and who I respect a lot." But Greenspan today told Bloomberg's Al Hunt that he...
Obama tries to regain his stride —
Reuters: Politics 9/13/2008
WASHINGTON (Reuters) - After a difficult week that sparked Democratic worries, Barack Obama fired back at Republican presidential rival John McCain on Friday with tough ads and a retooled message outlining their differences on taxes.
Solo in Nevada, Palin draws big crowd —
Reuters: Politics 9/14/2008
CARSON CITY, Nevada (Reuters) - Out on the road as a solo act, Republican vice presidential candidate Sarah Palin fired up a large crowd in Nevada on Sunday by pledging to shake up Washington if elected with John McCain on November 4.
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