Analysis shows candidates' tax plans add to U.S. debt
sacbee.com     Jul 24, 2008            

By Steven Thomma - sthomma@mcclatchydc.com Published 12:00 am PDT Thursday, July 24, 2008 Story appeared in MAIN NEWS section, Page A7 WASHINGTON – John McCain's and Barack Obama's tax proposals would add trillions of dollars to the national debt, according to an authoritative analysis released Wednesday. McCain would cut taxes by a total of $4.2 trillion over 10 years, largely by extending most of President Bush's temporary tax reductions, which are set to expire in 2010, according to the analysis by the Tax Policy Center, a nonpartisan operation of the Urban Institute and the Brookings Institution, two center-left Washington research centers. With interest costs, McCain's plan would add $5 trillion to the national debt over 10 years, the center concluded. Obama would cut taxes by a total of $2.8 trillion over that period by... [read full story]                    


View all news articles about*:
Barack Bush Debt Demographics Direct Economic Economy Federal Figures Finance George Government Indicators Inheritance John McCain Obama President property Tax Taxation Taxes Washington
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies

View other selected articles:

Bush has ‘no plans’ to see Oliver Stone’s ‘W.’

thinkprogress.org     33 mins ago   3 related          

White House spokeswoman Emily Lawrimore told the Los Angeles Times today that President Bush has “no plans” to see Oliver Stone’s upcoming biopic “W.” Lawrimore took the opportunity to pre-emptively attack Stone’s credibility,...                    

comments

Bush: Abkhazia, South Ossetia Part Of Georgia; Province Seeks Russian Recognition (AHN)

allheadlinenews.com     59 mins ago   3 related          

President Bush declared Wednesday that two breakaway provinces of Georgia are part of the former Soviet republic. The declaration was made on the same day Abkhazia, one of the provinces, appealed to Russia to recognize its...                    

comments

President Bush issues statement on passing of Congresswoman Jones

rgj.com     1 hr ago   1 related          

President Bush is remembering Congresswoman Stephanie Tubbs Jones, who died today at age 58. President Bush's statement reads: "Laura and I are saddened by the death of Chairwoman Stephanie Tubbs Jones. As a proud lifelong...                    

comments

                   

Bush Praises Georgia and Condemns Russia

washingtonpost.com     1 hr ago   244 related          

ORLANDO, Aug. 20 -- President Bush reiterated his demand that Russia remove its forces from Georgia in a speech here Wednesday, stating that the breakaway provinces of South Ossetia and Abkhazia are part of the former Soviet...                    

comments