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youtube.com - 9/13/2008
McCain on Greenspan (video)
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John McCain on Alan Greenspan.
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Political Punch:  McCain-Endorser Greenspan Does Not Endorse His Tax Cuts

Political Animal:  Greenspan rejects McCain's tax plan

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McCain-Endorser Greenspan Does Not Endorse His Tax Cuts
Political Punch — Palin Zings Obama for Not Picking Hillary | Main McCain-Endorser Greenspan Does Not Endorse His Tax Cuts September 13, 2008 6:16 PM 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 cannot get behind McCain's proposed $3.3 billion in tax cuts, saying "unless we cut spending" the nation cannot afford cuts that big."Unless it's paid for on the so-called pay-go, I'm not in favor of it," Greenspan said. "I'm not in favor of financing tax cuts ...

Greenspan rejects McCain's tax plan
Political Animal — GREENSPAN REJECTS MCCAIN'S TAX PLAN.... I guess McCain shouldn't count on a Greenspan endorsement . 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. "Unless we cut spending, no," the former Federal Reserve chairman said Friday when asked McCain's proposed tax cuts, pegged in some estimates at $3.3 trillion. "I'm not in favor of financing tax cuts with borrowed money," Greenspan said during an interview with Bloomberg Television. "I always have tied tax cuts to spending." Well, ...

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