Expensive Promises
Have you ever thought about adding up all the Dem Prez candidate fiscal promises?
Yeah, I know. It's an intimidating thought and a daunting task. The fear of the hours it would take have kept me from doing it, but today USA Today bites off the big pieces and asks the question: Who's going to pay for all this.
First, Hillary's promises:
Over at Obamarama, he's got the following new big hand-outs lined up:
Yeah, I know. It's an intimidating thought and a daunting task. The fear of the hours it would take have kept me from doing it, but today USA Today bites off the big pieces and asks the question: Who's going to pay for all this.
First, Hillary's promises:
- Health care overhaul ($110 billion annually)
- Energy proposals ($150 billion over 10 years)
- New "GI Bill" education and housing assistance to veterans ($5 billion annually)
- Universal pre-K education program ($7 billion annually)
- Economic stimulus, including housing and heating assistance ($110 billion, presumably one-time)
Over at Obamarama, he's got the following new big hand-outs lined up:
- Health care overhaul (up to $65 billion annually)
- Additional health care spending ($40 billion annually)
- "Making Work Pay" refundable tax credit to offset Social Security tax ($62 billion annually)
- $4,000 tuition tax credit ($6 billion annually)
- K-12 education spending ($18 billion annually)
- Doubling budget for basic science ($6 billion annually)
Labels: 2008, Democrats, Fiscal policy, Hillary, Obama
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