Economics Election 2008 McCain Politics

Fun Fact About John McCain #11: Fiscal Irresponsibility

[digg-reddit-me]John McCain will balance the budget by cutting earmark spending.

Not even close . Ever heard of the “starve-the-beast” strategy? It’s about the only thing that explains either this history or why McCain’s tax cuts (estimated to cost as much as $700 billion a year [PDF]) far exceed the cost of earmarks (total pork spending since 1991 has totaled about $271 billion).

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