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The Budget According to McCain: Part I
The Budget According to McCain: Part I — May 13, 2008: Think it’s all about cutting earmarks? Think again. McCain’s big promise is that he can balance the budget while extending Bush’s tax cuts and adding a few of his own. He likes to leave the impression that this can be done painlessly, for example, by eliminating “wasteful” spending in the form of “earmarks” that lawmakers like to tuck into spending bills to finance home-state projects. We found that not only is this theory full of holes, it’s not even McCain’s actual plan.
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