McCain Making Promises That Would Cost Taxpayers Billions
Republican John McCain is making promises that would cost billions of taxpayer dollars, yet he is vague about how he would pay for them.
McCain is handing around a campaign grab bag of goodies. There are little treats like a summer gas-tax holiday and new mortgages for struggling homeowners, and there are big plums like tax breaks for corporations and families with children.
The expected GOP presidential nominee has nothing on the Democrats. Hillary Rodham Clinton and Barack Obama would spend billions of dollars themselves on things like paid family leave, universal health insurance and preschool for kids.
The difference? Unlike the Democrats, McCain has made a career of trying to cut spending. He rails against spending in nearly every speech. McCain gets laughs by singling out silly sounding projects like a federal DNA study of bears in Montana: “I don’t know if that was a paternity issue or a criminal issue.”
His plans will add to the deficit
Think progress has been covering McCain’s ”economic” plans as well
